re: ****gold opens at $$427.60**** Looking good for POG but i feel one more pullback over the next month or two will occur.
look at USD and gold charts - each is testing support/resistance for the third time in an rough mirror image. Some will infer these are developing triple bottoms/tops and will act accordingly. the PTB (and Comex) will feed on this.
i feel gold will pullback to around 408/410 over November/December - this may well be one of the last 'windows' to top up trading wise.
medium term - the USD is shot, but the PTB will not let gold move in big lumps.
thats my waffle for the morning
re: ****gold opens at $$427.60**** Looking good for POG but i...
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