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
"Where such a shift in power is in favor of the governing elite, Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse. Most state sponsored murder occurs under the cover of war, revolution, or guerrilla war, or in their aftermath."
R. J. Rummel
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