Gold Breakout: More Significant Than $1,920 High, Plus a Rocket Launch for Silver

from King World News

On the heels of gold trading well above the key $1,800 level and silver surging toward $19, gold’s breakout is more significant than the $1,920 high, plus a rocket launch for silver.

Standing For Delivery Of Gold

July 8 (King World News) – Alasdair Macleod: “Yesterday open interest in the August gold contract rose 5,709. Highly unusual with this contract expiring at the end of this month. Indicates that buyers intend to stand for delivery!”

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