On May 29 Jim Sinclair wrote the following:
"End of 2nd week going into the beginning of the 3rd week of June Gold launches towards and this time through the neckline of the reverse head and shoulders formation."
This morning before US opening we once more tested the lows in silver at $13,93. Right now, where we normally go back to the low of the day, Silver and Gold are holding strong and refuse to go any lower.
Could this be the sign the bottom is in and the launch towards $1000 Gold has finally started?