RE:Will Russia push gold higher this week?Money10179 wrote:
According to analysts last week, gold was heading sub $1000. From a technical standpoint, gold has broken out to the upside currently sitting at $1085.70 (as i write this). Scare tactics were in full effect on the way down as the price eroded and word was spreading that gold was no longer a safe haven. Imo it looks like the opposite is taking place and it's exactly what they wanted you to think as they were buying hand over fist! This week the buying should continue as instability mounts in Turkey and Putin claims to release more evidence of Turkish involvement in buying oil from Syrian terrorists! This week will put TA to the test as gold appears to be breaking to the upside! Political hostility will once again draw people to gold! History repeats itself!
sorry for the awful grammar in previous post. Corrected above. GL everyone