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TFC Commodity Trading Forum

Re: AU psychedelic map and the prospect of war... *PIC*
In Response To: AU psychedelic map *PIC* ()

Looks like back up to 180 is a possibility as price has regained the red 1x1 most directly affecting price. Connecting one commod with another and saying one will do as the other has done might not be a good idea but Palladium has really had a good run up...maybe gold follows suit. Given the rumblings of the war drums will bring out those types that buy or sell based on reading the tea leaves of current events.

The 1x3 black downtrender is providing some resistance in addition to the 157.5 latitude line which is the halfway point between 150 and 165 and the old support (now resistance) for the series of lows back in late 2010 and late 2012.

Time will tell.

We'll see

Maybe