Gold Quote of the Day
posted on
May 30, 2014 06:57AM
Armstrong on gold, 5/29/14:
“Gold is moving into the June seasonal low on schedule. A closing for the month on a Nearest Futures basis tomorrow below 1251 should result in the sharp decline. A monthly closing BELOW 1192 will warn serious of a sharp decline that will more than likely break the $1000 level. C A U T I O N is highly advised.”