ny gold is the key

  1. 9,081 Posts.
    The New York gold market has just opened.

    This is where the real interest and battle will be, but the NY close will be all-important.

    If gold closes over $380 .... then the Bullion banks and other shorters of gold may be forced to cover their positions to avoid significant losses. I think they may well lose this particular round. If so .... a major assault on $400 is on the cards.

    Fascinating stuff!
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