Big squeeze ahead fueled by the shorts placed from the high velocity test of 1400 and some short term shorts on major gold ETFs imo
Still think gold will test the big round number of 1500 usd as the insanity of negative rates and rate cuts experiment continues which in turn sends money in bonds over to USA for something as rate differentials are huge
Aud gold cranks back to well over 2000 is very good
Still looking For short term target 330, as future cashflow should be good this year from existing operations
The deal looks better as time
Progresses and the aud gold
Price stays elevated
And oil drop will help
Dyor
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