Lovely little pull back completed in my opinion on this recent mini bull run since 10th July turnaround (US$1204'ish)
US$1249.42 may be the point we start moving higher once more. Time will tell.
I think 2QTR GDP will be worse than expected and Gold being pushed down in expectation of this before its springs back and some.
Still targeting US$1275 by end of week.
US$1262.50 going to go and when that does US$1300 will be in range.
JFI
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