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TheSittingtight1

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TheSittingtight1

Re: SgtJBone post# 3888

Monday, 12/14/2015 1:59:58 PM

Monday, December 14, 2015 1:59:58 PM

Post# of 13237
I think we should keep seeing the shorts beat gold down and the last resistance (1052+-) will break if the Fed lift off and gives a outlook (guidance) of rate increases into next year. I would be looking for at least 1.25 to 1.50 total by years end 2016. Then we should see gold at that 998 to 1004 price very quickly. If Fed decides not to increase rate Wednesday the short squeeze is going to rock the commodities market like never seen before.. IMO only...

We shall see.

ST
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