With COMEX contracts expiring this December, Institutions are in a distribution phase with Gold. I wouldn't be surprised if we hit the mid 1700s by the end of this year. Some of you who are buying gold are only making the fall greater, I don't see Gold being Bullish at all the remainder this year.. Goodluck to you all! This is just my idea, remember to follow your...
There are many of you who will be fooled into thinking this is a cheap price and will therefore BUY not knowing a huge dump is around the corner. Anyway, I think a buy trap is in force so I wouldn't be surprised if GOLD dumps further to low 1800s or even 1700s. I think that in order for Gold to come up more it needs to come down near term if we want to see gold...