Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers.

See the footer of the board for our Facebook and My business pages.

Be sure and join our Dinar Only Newsletter Email list. It is located on the right. Your User Account Email when joining the board is for with in Neno's Place use of board information which you can control in your profile settings.


For "Advertising" with in my board to our Membership and Visitors see our "Sponsor Ad Info" in the Navbar. Neno's Place receives a low of 50,000 views a week to over 100,000 plus many times thru out the year.

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Longest Dinar holding Community. Reach Admin by Private Message. Copyright © 2006-2017

Gold on Track for the Mid-Benchmark Rally



Posts : 18029
Thanked : 883
Join date : 2013-01-12

Gold on Track for the Mid-Benchmark Rally

Post by Lobo on Wed 03 Feb 2016, 1:56 pm

Gold on Track for the Mid-Benchmark Rally

Posted on February 3, 2016 by Martin Armstrong

Gold is slowly and begrudgingly moving up to start to test the key resistance. We need a weekly closing ABOVE 1143 to push higher. The band of resistance begins at the 1156 level followed by 1170, 1175, 1184 and 1208. Only a weekly closing above 1208 would even hint at a more sustained rally.

The Directional Change we had for the week of January 25th performed as expected. The previous high of January 8th at the 1113 area was penetrated on Tuesday January 26th. This was a breakout to the upside fulfilling the Directional Change meaning the sideways consolidation came to an end and the market made its move to a new trading level. The Panic was a big move in one direction rising from the close of the previous week at 1098 reaching a high at first about 1128.

Now we are looking a caution being advisable as we enter February.
This entry was posted in Uncategorized by Martin Armstrong. Bookmark the permalink.

    Current date/time is Fri 09 Dec 2016, 5:35 am