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0.51% $1,391.7 gold futures

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  1. Silver King
    2,555 Posts.
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    28/07/20
    16:28
    Post #: 46130867
    I don't expect anything significant coming out of FED meeting this week.

    Clearly US 10y yield is bouncing back.
    USD is on its way to recovering some loss as well.

    All these as I mentioned in this thread and before point to a major pullback in price of gold.

    My bet would be about $1750-1780 in coming weeks.
    When everybody feels so setback in their confidence is the time for me to buy all my miners I shorted back.
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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