Loading ...Gdx is just under it’s 200 d Av and Xau is right on it…….today is an attempt to get them back below the 200 Av and keep the shorts happy……
the shorts carry on as if AU was nowhere near a record Hi……they could be absolutely killed here……as Gold is trading at records in loads of currencies and inflation is everywhere….plus the Chinese have nowhere else to hide money…..
Today SMR was shorted big time o/n down from $ 10 to $ 8.69 opening…..and then Wells Fargo put out a 4.50 tgt…..talk about hooky business.