Morning Outlook from the Trade Desk 02/21/12

Discussion in 'Gold' started by metalsmtl, Feb 21, 2012.

  1. metalsmtl

    metalsmtl New Member

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    Greek bailout was completed. Private creditors look like Marines as they took a bigger haircut than they expected. Equity markets look higher, oil at almost $105, metals higher but not explosive. Want to see gold work through $1,740 ish area and close above $1,755 for conviction to the $1,800 level. Free money, crazy Iranians and Syrian leaders, oil at $105, China easing monetary policy, equities higher...

    If metals cant climb from these incentives, something bigger is at play and around the corner.
     

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