Rates are galloping higher! Gold has $1,806.60 resistance area and support is $1,757 area.
Digital dollar coin is coming. Gold needs to get over $1,815.20 to negate the negative short-term picture.
I see green shoots for gold!
What levels the price needs to move above to get the market back into an uptrend.
Resistance above still needs to be taken out to turn bullish.
There is too much money floating around. Central banks on the pretext of covid stimulus continue to create more and more money every day.
Platinum rose above $1,300 an ounce for the first time in six years on bets that a recovery in industrial demand and stricter emissions rules will tighten supply.
Gold continues to be the best performing asset thus far in this century.
Best the rest of the technicals not in gold's favor.
Positions as of Tuesday, February 16, 2021
