News Flash. Today has seen an opportunity to put into practice our advice to our followers to buy the pullback in gold. The strong upward trend remains in place, the fundamentals that we have outlined have not changed, and the price is below $1370 an ounce as we write.
We have taken the opportunity to top up even if we were a little premature and missed out on under $1370. There is an argument that not much will happen to the gold price as we enter Xmas week and activity slows down.
We wouldn’t know but at the same time the silver price is holding its own above $29.00 an ounce which is indicates to us that gold may start to firm up before the close of trade for the week end.
Category: Precious Metal Investment News