The decent trade above 15035 (-5 tics per/hour) put this above a minor formation that warned of decent short covering—we have seen $195.8 so far.The $35.1 violation of 15640 is also a sign of renewed strength and suggested a good likelihood we will head back up to test 17040 (+)—we came shy of this by $4.7 before backing off the high. Trade above 16524 should bring in strength. NOTE: this is just a small portion of the market calls I provide my clients twice daily in the Gold and Energy complex. If you are interested, please feel free to reach out.
top of page
bottom of page