GOLD 0.51% $1,391.7 gold futures

Gold pattern pointing up, page-55

  1. 3,801 Posts.
    lightbulb Created with Sketch. 525
    Timber

    To be quite honest if China and Russia weren't buying the gold price would have tumbled significantly. At the moment they are maintaining a floor which given the AUD gold price is fine for me.

    But the point remains - it's pretty obvious that they are accumulating.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.