Gold certainly seems poised to get back to $1340. They appear to be trying to keep silver in check to prevent a stampede into pm’s.
What surprises me about this latest pullback towards $1300 is that we didn’t have one of their patented flushes that took us below $1300 and back toward $1280. Especially with the USD as strong as it has been.
We’ll see what happens but things seem encouraging at the moment.