Resolute volcano eruption, page-23

The volcano has erupted and nothing will stand in the way in the current environment unless mining issues which haven’t happened so far.
-Bond yields are less than 2 percent.
- Fed dropped the word patient and ready to hike.
- China, Russia and Turkey are buying gold in huge quantities-
— Syama is progressing well and beating the naysayers
- Gold has broken the multi- year resistance line at $1350 after 5 yrs and broken the important $1400 to as high as $1438 , followed by correction, then consolidation at $1400 and traders are buying the dips which confirmed the momentum that the next level will be $1485 to $1500 and dare to say $1700.
- the wide based cup and handle has been formed few weeks ago and this is the strongest bullish sign that followed by three waves of rising gold prices.
- The trade war is not going to solve all the issues over the weekend and Iran is another issue and the wild Trump may target Vietnam. So much is going for gold which has encouraged billionaires to jump into gold again.

RSG May reach $1.60 short term before consolidation.