2016年3月1日 星期二

Market Talk – February 29th, 2016

www.armstrongeconomics.com

Gold has had another good day (rallying $17) to close a healthy +17% return for the month. It closed at the $1234 level electing a Monthly Bullish at the $1207 level leaving the potential to still rally to reach our first target resistance at 1309 and 1365 area.

Oil also rallied 3% today to finally close the month small down but still down 45% YoY and down 13% YTD.

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