Gold Today February 18th, 2016
QUESTION: Mr. Armstrong, your opening number for gold was 1199.50. Since it opened above and has rallied, is there a point above where it now must exceed to resume an uptrend?
Thanks for being there for free even
KW
ANSWER: Yes. That number is 1237.00-1238.50. If we can close above that area then gold is still in a bullish posture. Close beneath that level today and it moves into neutral position.
Latest Posts
China Dumping US Debt At Record Levels
As I have been warning, these STUPID Neocons threatening the world have ZERO respect for the American people or our economy. Threatening China when they are the largest holder of [...]
The London ECM Next Weekend
We have reached a critical crossroads in the world economy. May 7th, 2024, was a profound turning point that changed the course of events as they are starting to [...]
