Looks like news.. soon.. whats close today... 65 or 69???Oil is up, GOLD is down, as I did believe would happen, however, thats only temporary.
Gold likely rangebound around, with a potential low for the year of maybe 1050.. but thats only likely to happen if US rates are hiked and the US economy continues its rate of gradual improvement, with a corresponding increase in US exchange versus other currencies.. So, at 1200, likely half way between a potential high and low for the gold price for the year. Good insurance policy for sure. In for some GOLD ETF today.. Would have expected a little higher here, as oil very positive the last few days.. Time will tell.