Could be a very volatile week for PC's. The LMBA gold options expire on Wednesday and the Comex gold on Friday. They have been defending the 1900 level as there must be a few call options expiring. From a longer term perspective all the cycles are pointing higher, however some of the shorter cycles are peaking, so that next 2-3 weeks could seek some weakness.
Please read this, these guys usually nail it:
May Research Letter | Crescat Capital
Lift off ?, page-70
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