This explains how all paper will burn in geopolitical conflict by Martin. When both Europe and Demos caused loss of confidence in the dollar and euro and capital went to Dubai. With a banking crisis risk and debt crisis everywhere the paper chase will turn to neutral gold. It’s coming soon.
Major support in Gold is 4000 and it got close but still held so far. Silver tech analysis which you have to watch even though some go all over the place but you have to know what markets believe because it moves the market. 54 is a safe bet for now to watch and it dropped to 54.77 with intraday 55.39 and has moved up ever since. So far
If more geopolitical which is already here and Europe falling apart when gold starts moving the dollar could move with it as euros move to the dollar. A possibility in the future. Basically it’s all a waiting game for the G Bugs as people wake up.
This was from Oct 1 this yr. About 10 minutes.
