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fltraz22

Precious Metal Review This Week : Feb, 28th, 2011

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According to Daniel Cronin's analysis, precious metals had a similar week to the energies as prices were very volatile, rallying in the early part of the week with silver reaching over $35 an ounce. Gold has yet to break the $1,430 quadruple top now. This has tested this level several times now without breaking. I believe this will still be great resistance for gold so keep watching that $1430 level. A very sharp breakout to the upside is likely to occur if the yellow metal gets above $1435.

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