Loading ...They bought Monday’s dip with a vengeance. I wonder what the pressure will feel like on the Crimex this am? Hopefully there’s more cornered shorts ready to puke. I wouldn’t be surprised to see an attempt to waterfall the metals sometime before Crimex trading. 0800 EST??
Nice to see gold moving up as well. Another $40 and we’ll have new intraday highs. Check me, but I think Friday was a new closing high for GLD. They might try to force a double top situation on us and reverse things again, but it would seem a tough time of year for them to pull that off.
No resistance from the SM, dollar or rates today. No excuse not to rally.