Re Gold at 5 K…..that is one brave call….a very famous TA guy Gann…wrote reams on why various numbers had influence on the mkts…..big 0’s had huge power and the more noughts the bigger etc…..
If Gold does blast through, then the shorts will be running around as if their hair was on fire !!!! after all next is 10 K then gulp 20 K !!!
U may be right, there is something inorexable about the Au advance…..Sunday night was intructive …it opened and then moved up over 1 %….
