everybody is just too excited with analysts throwing shit on the walls, forecasting AU @ 9100-9200.
Fact is that above 9200 AU triggered a rally, which is still ongoing. consensus of some rigged banks don't mean much.
Fact is that this wild pack will post crooked forecasts to get in at better prices.
Finally, D1 gold chart, price action pulled back to the 200 WMA and this produced a strong reaction, support by TL as well.
1400 to be printed on gold soon time (1-3 months). This test by itself could produce a 100+ dollar move.
Investors are fogged by the general market conditions, and the flow of institutional money is getting booked elsewhere - gold, carry trades,
dividend stocks, etc.
Markets have been mediocre Q1 of 2014 and funds still have to show positive alpha.
here's that D1 gold chart, to support further upside on AU.
Fact is that above 9200 AU triggered a rally, which is still ongoing. consensus of some rigged banks don't mean much.
Fact is that this wild pack will post crooked forecasts to get in at better prices.
Finally, D1 gold chart, price action pulled back to the 200 WMA and this produced a strong reaction, support by TL as well.
1400 to be printed on gold soon time (1-3 months). This test by itself could produce a 100+ dollar move.
Investors are fogged by the general market conditions, and the flow of institutional money is getting booked elsewhere - gold, carry trades,
dividend stocks, etc.
Markets have been mediocre Q1 of 2014 and funds still have to show positive alpha.
here's that D1 gold chart, to support further upside on AU.