This Is What Gold Would Look Like If We Could Kill The Gold Cartel

No sooner did I post this than gold was hit with a 25,000 contract attack. The position limit is supposed to be 3000. I did warn to be cautious this week ahead of OEX and the rate hike next week.

That being said the miners have completed a weekly swing and even though they are going to paint the charts for OEX I do think the miners have bottomed.

(Click on image to enlarge)

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.