Loading ...[since i started writing this, an attack has. started-1382 on gold–$15 off the high]
G*d only knows if this will last…but like identifying the True Messiah…this one has all the signs and. attributes that tell me this is the real-deal–it’s all come together…I will give it the benefit of the doubt–Paul Tudor said if gold crossed $1400 it would go to $1700 quickly…there is a gigantic amount of kinetic energy stored in the PM sector, if it gets released a panic to get in could develop–forget the little crappers, like us…if the “big Boy” traders and money managers [who have zero exposure] decide to get in…well…then it’s game on!
Before the FED gold was down $2
when stocks closed at 4 pm, hold was up $5.20
within about 20, minutes gold surged to up $15.50
9:20-PM—I just checked-gold hit a high of 1397.70 up $48—last is. 1387.20—up $38
When a level like 1350 is tested 3-4-5 times, then blown thru, it can get pretty impulsive—it looks like it just blasted thru 1370
without a pause…O, yeah, huge volume for nite trading=over 70,000