So realistically, when will BDR shorts run to cover?
Will it be when POG more seriously breaks out into $1,300+ ?
or once BDR spends a week in the 30's?
They are surely nervous at today's prices, or am I just being too excited?
I'm trying to guess now (if continuing up from here) where this nice break through the upper trendline might go.
It still bugs me that we touched right on $1,245 overnight, just shy of the lower high of $1,245.9 on 30th March.
Almost still range trading despite the breakout.
Still a great gold price tho
BDR Price at posting:
28.5¢ Sentiment: None Disclosure: Held
