The Battle of $1250

Fri, Dec 7, 2018 - 10:55am

Despite a weak BLSBS and surging commodity prices, the price of Comex Feb19 "gold" is being tightly contained at/near $1250 again today.

And why is this level so important? All you have to do is look at the daily chart below:

So, even with 2-4% gains across the board, gold struggles to move forward:...

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