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
Market Talk – March 14, 2025
ASIA: The major Asian stock markets had a green day today: • NIKKEI 225 increased 263.08 points or 0.72% to 37,053.10 • Shanghai increased 60.84 points or 1.81% to 3,419.57 [...]
Happy Pi Day
COMMENT: Marty, Happy Pi Day. I think it was inevitable that you would discover the relationship between Pi and the economy and the markets. I found it to be fate [...]
Several Volcanoes in Italy Coming Alive
COMMENT from Italy: Dear Mr Armstrong, I just read your topic on volcanoes and cooling weather Please note: Etna is erupting, slowly Stromboli had a small eruption last year with [...]
