The Phaserl


Gold Bouncing Off The $1390-1400 Barrier

from Armstrong Economics:

So far, gold has been unable to get through the first primary resistance 1390-1400 barrier. We pressed higher into this week making the high but then turned back down. Now the two levels forming are 1323 and 1425. A weekly closing back below 1308.00 will signal a resumption of the downtrend.

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