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Message: Re: PRICE OF GOLD NEWS !!!
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Dec 01, 2023 10:29AM
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Dec 01, 2023 11:22AM
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Dec 01, 2023 01:17PM

Dec 01, 2023 01:26PM
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Dec 01, 2023 02:00PM

In my earlier posting on this subject, I referred to "two hours to go," meaning on the stock trading day, not the gold market, which then had another three hours to run.

At that point in time, the gold market somewhat stabilized and drifted a bit sideways with slight waves.  This indicated to me that the short traders in gold became less panicked than earlier in the day.  But I was just corrected in that observation.  POG did not spike on panic from short traders.   That may still lie ahead.  But why did not silver follow gold?  And what might we expect of PMs on Monday?

https://www.zerohedge.com/markets/powells-dovish-comments-send-everything-soaring-gold-hits-all-time-high-dollar-plummets



So, where is the new resistance line?

 

 

 

 

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