Some really big moves in gold etf majors last night - not the biggest ice ever seen but gdxj 5.18 % is pretty good
Aud gold closing at new nominal
High and only
Just under 1900 aud
Appears traders we’re short hard on Friday in gold space and maybe didn’t expect it to crank over 1300 usd, and maybe yesterday expecting it to fade—- and here it is again grinding higher back at 1325
Hopefully a reversal and a bit of a squeeze today, margin expansion with top line price increases and costs drops is good—-
See how it goes- good luck
Possible Bottom Alert?, page-11
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