Gold Silver Platinum etc...
2/3/2010 8:37:58 PM
SunSet
Posts: -18
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MAR COPPER: Last time I thought it could have a near term rally. It continued to sell off until it reached the 300.00 support yesterday. It bounced off of that and formed a key reversal bottom. It has had further follow through today. It is trying to get over the 310.00 support level. Closed 308.95, up .60.
APRIL MINI GOLD: Switching to April. It rallied to the 20 day ma on the daily chart and has stopped. It is back over the 1100.00 support and that could help it rally more. The bigger resistance is at 1125.00. Closed 1118.00, up 13.00.
MAR MINI SILVER: It attempted two days in a row to sell off under 16.000 and could not do it. It is now rallying with a high today at 16.810. Keep stops at 16.975. Closed 16.743, up .083.
Position: Short 16.395 (1.28).
Projection: 15.000.
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