This is being orchestrated and as everyone is watching on the early trade in New York it will be smashed back at breathtaking speed to US$46 in the hope that weak hands will let go. This is the correction that many have been suspecting. Those yanks reckon they are the Boss.
It will be the last desperate effort by the bullion banks to save themselves in my view. However I still think support of 45.50 will hold.
Soon know.
Add to My Watchlist
What is My Watchlist?