The Metals Review for The eek of February 28th, 2011

jackfutu18

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This week, Pitguru Daniel Cronin continues sharing with traders in floor a short review on metal market. Let's see what should we note!

The Metals Review
For the week of February 28th, 2011​

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.

It will be helpful for your work if you spend more time with other futures market reviews.
 
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