Wow, gold almost hit 1,300 $

[TreasureHunter]

Not a big crowd on the gold forum lately

Gold almost hi 1,300 $ today and it's recording a 3 month high. We're being pushed by the bulls!

I don't see why this would be sustainable. Especially if they taper again.
I expect if to drop. Prolly again in April or earlier...

 

[thatguy]

A little pause here ~200DMA would be healthy (also hitting res on ascending trendline(??)

 

[Riyder]

kitco.com 1303 atm

 

[TreasureHunter]

Meanwhile it edged above. Don't know what forces are pushing it.

Bitcoin falling, Litecoin falling...