4 weeks earlier than expected. Gold should continue to rise next month to $1375 resistance level instead of October before pulling back and consolidating. Will remain volatile until the debt ceiling is resolved. Should still see $1500+ before the end of the year.
With the way things are going in the world, we could see $1500 get knocked out next month. Then Gold stocks are going to do what the crypto market just did. 10 baggers everywhere you look. Toot Toot
Hoping for big movement to start at the end of October/early November that'll break the 2016 high causing the run up to $1500
My guess would be a test of 1100 between now and December before breaking out into bull market in Jan 2018.
At least those of that follow metals will have a wee bit of advanced warning before war erupts. I see after the DPRK announced USA had declared war gold popped but has since returned to norm. We will know when a pop occurs and and continues that the war drums are beating and we need to get ready. I guess it is not just the war machine that does good in war , us wee stackers will probably do ok as well. Thoughts on my theory appreciated, ie:do you think a sustained pop will precede war?