An interesting trade if the markets decide to cool off.
With several large world economies selling treasuries..they could be shifting to physical gold..
This might make at first an interesting short term trade to 52.45..an if that breaks out then go much higher...
Might be a great contra market trade if and when the markets correct atleast while gold is ripping higher.
With several large world economies selling treasuries..they could be shifting to physical gold..
This might make at first an interesting short term trade to 52.45..an if that breaks out then go much higher...
Might be a great contra market trade if and when the markets correct atleast while gold is ripping higher.