I am starting to get a little excited with a possibility that may be brewing...
Gold moving very fast in my opinion... if we see US$1250's start to get attacked with bid we may well see a US$10-20 rise in Gold price within an hour. This may sound hopeful but those downside risks I considered with Elliot Wave posts a week or two ago mooting Skol's long hoped for US$800 gold could actually play out the other way now. We may actually be inside the most powerful and strongest unforgiving wave 3 ! A short covering rally could start to set the scene in the early US$1250's to US$1300 and onwards to the next stage of set up at the US$1425 range.
Very please to have acquired size in physical silver and gold at recent lows.