Gold Daily Analysis 2-26-17
Gold has finally gotten a break above the 1250 level. We are approaching overbought levels so I am expecting some pullback to the 1240 area before further upside. There is only slight RSI divergence which I do not believe is enough pressure to get us back under the support. The bullish sentiment on Gold and Yen have bee strong. As long as equities keep topping out I see more money flowing toward safe havens.
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