fredpui

Time is up for $Gold

Short
COMEX:GC1!   Futures Oro
Gold struggled to get above the 1800 as i previously discussed and with USD going up, this is looking shaky for gold price. If you look at the other precious metals like silver and platinum, their prices are not going up like going up in the last few days like gold.

Also, look at GDX and GDXJ,gold minders index, they aren't going up either.

My next down target has been revised to 1656 but the ultimate target zone is still 1600. Nice number.

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