September/October are typically reasonable months for Gold, we may touch $1400 soon. If it does, will it hold though? My penny thought, not likely.
Could be a good couple of months trading action for the day traders coming up, Jackson Hole meeting, September FOMC and Debt Ceiling negotiations for the US all on the agenda.
Expectations for mine of jaw boning statements from Jackson Hole and FOMC but underlying statements will be dovish.
BDR Price at posting:
22.3¢ Sentiment: Hold Disclosure: Held