price of gold, page-2

Spotted this too bob. Solid set up underway. Also helps that Spanish and Italian bond yeilds are rising....

I have an approximate target of $2250 USD if this plays out, which will probably extend out to $2500 pretty easily imo.

Just a matter of time before the great divergence ends and goldies rally. As soon as producers rally the juniors will follow closely behind as fear of missing out creeps into market sentiment.

Bollies very tight and weekly MACD slowly heading north. I expect it to break above zero line on news and for the gradient of the MACD and signal lines to increase from there indicating higher prices.

For now though, sideways looks on the cards.

All imo of course. DYOR.