Still trying to make up its mind about $1280.
I need to update the chart in this thread, or make a new one with an updated chart.
Here's what it looks like now:
(Live chart here: www.barchart.com/charts/futures/GCZ13 )
- &&&&& Prediction &&&&& -
Gold might catch a bid later this week as the argument in Congress gets drawn out.
It might even get stretched out over the weekend.
However, they WILL come to a deal.
Once the deal is done, gold is going to fall like a rock -probably all the way back to 1200.
We'll likely see 1200 next week.
The Diamond Dog is a real cool cat. | Reporting on the world from an altitude of 420.
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