gold is playing hammer reversal games that will take weeks to cement the biggest hammers coffined into the floor of the 5 - 10 year chart. once you see these massive high volatility gaps filled all the way down to who knows where maybe even 730 then watch this rubber band spring up. the faster it falls the stronger it will rise in the next 3 - 6 months. I'm waiting for HUI and XAU to do the same.
these media headlines are all rubbish. at the peak of gold optimisim it reversed and so too after a few days of a $ud dollar rally peak optimism we will see gold hit the bottom and rise up past resistance.
look at how the gold swings are behaving this week on the intraday, how can you pick it. i feel time is running out. once it bottoms load up
