Agoracom: Small Cap Investment - Silverado Gold Mines - Gold Tops $1100, Breaks Above Key Technical Resistance

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GRIM REAPER

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Gold Tops $1100, Breaks Above Key Technical Resistance

posted on Jan 20, 2016 01:24PM

Gold Tops $1100, Breaks Above Key Technical Resistance

Submitted by Tyler Durden on 01/20/2016

Having bounced higher off the 50-day moving-average 3 days ago, gold has surged back above $1100 this morning, pushing back above the crucial 100-day moving-average. Silver has also broken above its 50-day moving-average.