Gold Faces a Key Test

Source: Rick Ackerman Published on Monday, January 23 2017
Related articles and keywords:   Bulls - Commodities - Free - Futures - Georgia - Gold - I-min. - Peak - Stocks - Target - Traders - Trading
February Gold did everything we asked of it on Friday, clearing the way for a push to the 1226.90 target given here earlier. As always, a move that easily exceeds the target, in this case by perhaps $2-$3, would affirm the robustness of the rally and the likelihood that it will continue. The short-term outlook would brighten even more if bulls can surpass mid-November’s  1236.10 ‘external’ peak (see inset), especially if they achieve this feat without taking a noticeable breather. The futures fi
To view this article Click here.