End of week, end of month, end of quarter tonight, and last day of Comex Sept. gold futures trading tonight.
Hard to know which way we will travel tonight. This 'resting' at present is healthy. If we take $35 too quickly we might not be able to hold it.
I'm expecting some strong volatility tonight due to end of quarter profit taking and some strong buying of dips, but I think we might end up closer to $34 than $35 - unless JPM get excited in the after-hours session and take to silver with an iron mace, as they croon 'Tonight's the night... I'm gonna be a blight..."
SPOT : USD $34.80