If you are surprised about this gold smash - just look at this weekly chart. There is now a (slight diagonal) triple top that was created last night. Lets also remember, a year-end and quarterly close above $2000 is not good for banks. THE FIGHT IS ON. #PreciousMetals #gold #silver
Note: There is a gap on the 4-hour chart in the $1835 range. This may still come into play if things spill hard here. I'm not calling for that - but it needs to be considered until a sustained break above $2150.
Note: There is a gap on the 4-hour chart in the $1835 range. This may still come into play if things spill hard here. I'm not calling for that - but it needs to be considered until a sustained break above $2150.