Gold has been like a juggernaut the past week.
Let's see if it can take out 1240 without getting too overbought.
As a reminder next week is September options expiration for gold and silver.
Gold Daily Chart
Gold Daily Chart - closer look
"American fascists are most easily recognized by their deliberate perversion of truth and fact. Their newspapers and propaganda carefully cultivate every fissure of disunity. They claim to be superpatriots, but they would destroy every liberty guaranteed by the Constitution. They demand free enterprise, but are the spokesmen for monopoly and vested interest. In their insatiable greed for money and the power which money gives, they do not hesitate surreptitiously to evade the laws." Henry Wallace
Gold has been like a juggernaut the past week.
Let's see if it can take out 1240 without getting too overbought.
As a reminder next week is September options expiration for gold and silver.
Gold Daily Chart
Gold Daily Chart - closer look