expect , well hope, gold will break 1200 tonight .. 1197 as we speak.. hold and move up from there .
Then all bets off.
12 seems the new bottom and think the majority selling here would be losing as the last few months have seen the most shares brought at 13 and up . Apparently the big banks are now shifting to going long on gold , not sure if true , .. they never lose . The record huge short on gold has to be covered and I feel if gold breaks 1200 and holds it could create a panic to cover
We may look back and curse ourselves for not buying more now .. time will tell
TRY Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
