GOLD 0.51% $1,391.7 gold futures

I am actually happy to see a bit of a pullback in gold and...

  1. 1,279 Posts.
    lightbulb Created with Sketch. 310
    I am actually happy to see a bit of a pullback in gold and silver as it is very healthy and allows for the establishment of a new base support level at higher prices.
    If we continued with the meteoric increases there could be a potential large selloff. However if the market takes a bit of a breather then we establish a rung on the ladder for the next step up.
    There is no doubt that we are going to move up and a sustained steady rise is better in the long run.
    Really enjoying the shorters having the juice squeezed of them.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.