Bullish Pennant May be Forming in Gold
By Kristina Zurla Landgraf • Feb 24th, 2009 • Category: Broker Commentary, Market UpdatesGold futures pressed above $1,000 an ounce on Friday, February 200, 2009, but have stalled out a bit since. The April contract was last down $10.40 at $984.60. Lind Plus Senior Market Strategist Richard Ilczyszyn said the chart of April gold appears to be shaping into a bullish pennant, which could suggest an upside breakout [...]
