So last Friday we went over the psychological barrier of $1300 in gold. Apparently someone or something did not like that and smacked it down quickly. As I write this, gold is at $1291 and silver at $16.96.
My prediction is that there will be a testing of $1300 in gold but it will ultimately fail to sustain. I think we have another pull back to the $1280 range. Silver will test the $17.00 range but will fall to around $16.70. This just a gut call.
Any predictions on gold and silver prices over this next week?
My precautions are just that, predictions. Do your own due diligence.
