Excellent news for gold overnight.
As soon as it dropped to $1331, massive number of buyers emerged and gold is back up to around $1340.
The dollar has reversed early gains and weakened against the yen.
The DOW has reversed early gains of over 100 points and turned into deep sea of red and down more than 200 points right now.
Bitcoin is tanking and investors who cashed in the profits are moving into the real safe haven.
Trump as usual spoked the market taking about the trade deficit with China is unsustainable, sparking more fears about trade wars. I believe he is s goldbug and even trading gold, haha.
If I am reading all these, can someone correct me if I say $1400 is coming soon.
Good times ahead fellows.
Cheers,Sydney
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