all these things matter. but so also is the Powers that control the reset process. China might be waiting a bit longer. buying a bit more, as long as theres more to accumulate. they will want the best price they can get not just for their sovereign funds, but for their 1 billion stackers. they encourage to buy gold and silver coins. IMAGINE if the usgovernment was encouraging its citizens to buy and save gold and silver coins.... instead of encouraging folks to play in the wall street stock market rigged casino.
China is buying miners this year. Thats the main reason I would want to keep buying select miners. if I only knew what china was buying.
In this 2016 gold and silver rally, especially gold, the Powers have kept price tightly controlled. not puling back below 1200,not rushing thru 1300,even today, lets watch what they do here at a resistance topping shoulder zone 1285-1265 area. the whole zone from 1200-1300 is a zig zag resistance zone. on my chart.a shoulder 'rollover' zone. The Fibonacci retrace target zone for spot gold remains closer to 1160-1180 area.
Look now at AG, is the pullback finally going to begin?