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 [...]
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.