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Yep, but in fairness to him, he says weakness will persist in the PM sector in the summer and USD will rally to test that blue trend line. Tonight will reveal the true action Corvo. Let's see if Gold can hang out 1250 and SIlver 16.6 at close.

  ·  8 years ago (edited)

$1255, $16.85 not bad but perhaps more importantly the dollar index 97.12 ,mining sector lagging for now but that's to be expected in my opinion

USD bulls are 5% RSI is below 30, IMO USD will rally to test breakdown point at the very least - 99.7-100. CRB Gold sentiment high and June - july will be nasty. I am a gold bull but prefer to buy low and i want lower than this.

Check out URA IMO double bottom after the break out. Buying Western Uranium already own GoviEX and looking at Appia/UEC.