GOLD 0.51% $1,391.7 gold futures

SP buddy - I think the bulls might have done it finally -...

  1. 320 Posts.
    SP buddy - I think the bulls might have done it finally - remembering it's settlement date and risk of COMEX default - the big banks should take their profits - too much base and energy to attack. TOCOM open position report from yesterday showed short covering and opening of longs by the commercials.

    But the dollar index has fallen dramatically - everything primed for gold to move up. We've been waiting for this and for the ducks to all align together - this is it as Jim Sinclair says.

    (Maybe - clear break of 772, test back and then hopefully away)
 
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