So the Banksters essentially stood aside to allow gold to rise. Doesn't look like they had much choice as the pressure was too great. Also doesn't mean they won't be working hard in an attempt to work gold back down but they look to be pushing on a string.
We could see a rate drop this month with the FOMC meet.
Gold is now up to main resistance at $2420.08 and has penetrated it so once it solidly takes this price then $2,491.43 is the next number to look for.
A daily on the game as the near term target at $2423.87 has been taken out.
GDX as it charges through its previous high and on its way to take out the April 22 high as volume continues to perk up..
Silver as it breaks its pennant while looking to take out main resistance at $31.82
Aussie gold as it shows stronger signs and improves its looks.
