Video: West Red Lake Gold works to restart Madsen mine
The company is optimistic about the potential of its Red Lake assets in the storied gold district of northern Ontario.
Once again the Gold experienced a very choppy and volatile mammoth range of ($27.90)…
The Gold market has failed to be able significantly trade and hold the $1265.00 – $1275.00 level as this is the third time since 6/18 that the market has failed above the $1260.00 level and resulting in a profit taking sell-off and as well as a significant pull back in gold prices. There certainly appears to be plenty of resistance as the “bear” camp has been very active at those levels.
The current global conditions are chasing investors Into safer havens and tangible assets resulting In the underlying fundamental that is fueling these record level prices in gold….
Investors are choosing gold as it has proven to extremely resilient in these recent times of crisis,
REPORTS: 6/29
CONSUMER CONFIDENCE…..9:00 am (CST)
SWING NUMBERS 6/29 AUGUST GOLD
RESISTANCE # 2…………………..$1274.00
RESISTANCE # 1…………………..$1269.00 PIVOT………………………………….$1246.00
SUPPORT # 1……………………….$1228.00
SUPPORT # 2……………………….$1216.00
Mike Daly / GOLD SPECIALIST
PFG BEST [email protected]
877-294-4669
312-563-8029
*THERE IS EXTREME RISK TRADING FUTURES, OPTIONS, and FOREX*
