RE:Gold now up 19 bucksGoldhound3......were you expecting TMM to move 8%+ everyday on heavy volume ??? Gold approaching 1300 and will for sure encounter alot of resistance AKA sellers who bought gold at 1100 ( such as myself, because I am becoming too overweight in TMM and GDX etf I will be selling a little bit to bring % weight down ).
Gold will probably hang around 1300 for a bit and will continue over and above 1300 with more bad data coming out of USA ( and ofcourse the rate hike will continue getting "pushed" forward to another day in future , not this year for sure)