Plenty of shorts on gold at the moment, closing has started. If price of gold continues upward trend we are going to see many more shorts closed at a loss. Fingers crossed by all bulls that the turbulance with NCM is over and the second leg up begins! In again, hard to see NCM below $ 40 bucks this year. Easy to see it $ 45 by the end of the year. Ups and downs in between of course. $ 1300 gold resistance smashed, next resistance $ 1350?
All my opinion.
NCM Price at posting:
$39.97 Sentiment: Hold Disclosure: Held
