Gold Gap Closed, Make or Break

September 6th, 2011

Warning: This is not a recommendation to buy, sell or hold any financial instrument.

Update: Spot Gold New Record High

Prints $1913.05 intraday.

—End Update—

Update: Dollar and Gold Moving Up Together

Just a quick note to let you know that today’s gold move is a result of the chaos in Europe. There is still a “safe haven” factor to the dollar, as absurd as that seems, and it’s catching upside along with gold as European market participants panic.

—End Update—

Spot gold is at $1910 now. The near term high is $1912.02.

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