GOLD 0.51% $1,391.7 gold futures

gold, page-268

  1. 43,507 Posts.
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    Rigging aside, I am just anticipating the mechanics of a rally. This type of price expansion so aggressive often makes me suspicious. The best case scenario is price takes out all the buy stops of the bears, do a shallow pullback for the next leg of the ride. The way it is going I hope it is short squeeze instead of bulls jumping in Bcoz, when the last bull enters, they will likely take profit. That is my theory of exponential rises or selloff especially the exhaustive sell off.

    Wnyway the lead of of Silver should pull gold along. 1262.62 is the next target as I posted earlier if 1259.71 can hold as every man and his dog could see a natural price attraction to target those stops first!

    Enjoy the ride.
 
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