It does look like it is set for further gains over the coming week.
Gold recovery will get a pumping in the media - hit 1475. I think the dead cat bounce is off the table.
So if it breaks this 1,468/1,474 zone 1555 is next target.
I read an article last night saying lots of head banks are building their reserves on this weakness, and the continuing retail demand has been a surprise.
Go away bears , back into the cave for hibernation !
- that is if you still own one.
SLR Price at posting:
$1.20 Sentiment: Buy Disclosure: Held
