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NYBob

02/03/18 12:28 AM

#1625 RE: tsoprano-1 #1622

Gold Poised to Continue Higher into Chinese New Year -
David Erfle David Erfle
Friday February 02, 2018 12:53

http://www.kitco.com/commentaries/2018-02-02/Gold-Poised-to-Continue-Higher-into-Chinese-New-Year.html

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NYBob

02/03/18 9:59 AM

#1626 RE: tsoprano-1 #1622

On $GOLD's 6-month chart, however, we can see that it has had a nice run
in recent weeks that has resulted in it becoming rather extended, and
with sentiment readings now very bullish
, we should not be surprised
to see a modest pullback that would probably be occasioned by a relief
rally in the dollar to alleviate its oversold condition.
We can use any such pullback to do additional buying, especially of
gold and silver stocks.




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