POG is currently touching the 100 dma.
200 dma is rising and supportive of POG atm
50 dma is turning, but still remains up.
Is the POG going to fall from here to the 200 dma or rebound off the 100 dma?
I would like it to rebound and logic would support me. But, they have printed more money today (IMF) and the herd likes paper not gold and gold is supressed by those who control paper, so, it will probably go down ... sigh
but hey, someday, sanity will prevail .... won't it?
GC
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gold will retrace tonight, page-12
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