A Big Buyer is back. this morning...nice volume on the buy side again, sell side thinning out.
Looks pretty good with the spike-retracement seemingly have worked through that cycle down to 2.7c.
Momentum building now - 3c should provide very good support this time round once we get through it.
Will make things interesting for the oppies as there is still 2 months left and a lot can happen in 2 months... we are up 10% in 2 days.
Gold price showing good strength up through $1700 again, and in the background we can see why: the US National Debt Limit of $16.39T likely to be reached and breached by the end of the year - currently sitting at $16.24T.
So, lots of money printing yet to come and I would expect to see the precious metals continue to float on top of this rising sea of monetary liquidity...
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A Big Buyer is back. this morning...nice volume on the buy side...
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