Replies to post #32554 on ~*~Mining and Metals Du Jour~*~

[123tom]

Spot Gold is entering the Resistance zone


I don't think this is a time to get excited,but to be careful.
I expect to see gold get hammered down somewhere between 1260-1280 and 1300 at most. they will take it down 100 dollars again.
China will cap the bottom around 1200-1180 area. The western cartel will cap the top zone below 1300.
maybe 1320 as an extreme peak that gets hammered down 100 dollars to the 50ma at 1220. they will push it and dump it 100 dollars in each wave. kept under control. 1300 to 1200.basically.thats my guess.