Are Gold’s Sellers Jumping Its Rat-Infested Ship of Shorts?

by Bill Holter

Great and Wonderful Monday Morning Folks,

April Gold gapped higher right at the opening, but is now trading at $1,590.00, up $11.80 after hitting $1,594.70 with the low that filled the gap at $1,581.60. Silver gapped and filled as well with the trade now at $18.25 up 13.7 cents (a penny above the open) with its “right at the open” high at $18.375 with the low at $18.145. If there was a currency scare, it would have shown up in the Dollar, and it’s not, with the currency value pegged at 97.720, up 7 points and right by its high at 97.74 with the low to beat at 97.590. Of course, all this already happened, before 5 am pst, the Comex open, the London close, before the end of the months position squaring, the options expiration, and the final days of Brexit (at last).

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