Morning Outlook from the Trade Desk - 01/11/12 - Long Silver?

Discussion in 'Gold' started by metalsmtl, Jan 11, 2012.

  1. metalsmtl

    metalsmtl New Member

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    Gold finally broke through 200 day MA on an intra-day basis yesterday and is trading above the level as I write. BUT it did not close above that level yesterday and today is not over. It certainly feels like the push is for higher prices and I am still long on silver. A close above the average should create a spike to $1,675 quickly. A close below suggests strong caution.
     

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