Gold: February Uptrend Is Intact, 1,253 Is First Goal

Discussion in 'Technical Analysis' started by Kaitlin, Mar 4, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Despite stronger American currency, the bullion posted some upward momentum on March 2, even though it had been registering losses earlier in the day. Therefore, the February uptrend line and the weekly pivot point at 1,225 hold ground quite strongly. Bullish action may push gold as high as the 1,253[​IMG]

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