Will Gold Hold Above $1,350? Silver Moving Higher
Will Gold Hold Above $1,350? Silver Moving Higher by Rory The Daily Coin
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Currently gold is holding well above $1,350 and the “fix” will be set at 1:30pm EST.
We have people sitting in their office with their finger hovering above the “red button” of destruction and the most of the people, around the world, don’t understand how close we are to a major war breaking out between the U.S. and Russia.
On one side we have France, Israel, U.K. and U.S. and on the other side Russia, Syria and Iran with the possibility of China lurking in the background. While this very real possibility is playing out we have another real-life drama unfolding with President Trump’s attorneys’ office being raided and over on the Hill we Zuckerberg providing for more distraction from the real issue of nuclear bombs exploding outside our window.
With all this mayhem going on all around us, gold can hardly catch a bid. It topped around $1,365 or said another way about $25 higher than the close on Tuesday, but has since fallen back instead of continuing to climb.
The past two days we have seen both gold and silver moving to higher ground and today these monetary metals are showing a little spunk in their step, especially in the early part of the day. My guess is the cartel will step in sometime just after the “PM Fix” and attack the market. It’s their last chance of the day to get the numbers where they want them and judging from history the way the charts look right now is not how the cartel wants them to appear overnight.
As you can see in the chart below silver began moving higher Tuesday morning and now is reaching for much higher ground.
We have been telling people the metals are moving higher.
Editors Note – As you can see the cartel did in fact move in and take gold and silver down just after the PM Fix as I stated above.
Live Charts Below