On the heels of silver breaking out, US dollar worries are sending the price of gold higher.
Euro Surging vs US Dollar
July 20 (King World News) – Top Citi analyst Tom Fitzpatrick: Euro/US dollar: After 7 previous attempts this year EURUSD finally got a weekly close over the 200 week MA for the first time since June 2019, this break coming with an impulsive rally…
Billionaire Eric Sprott Buying
To find out which company billionaire Eric Sprott just bought a 12% stake in click here.
Good resistance at 1.1419-22 also gave way decisively opening up the way for a test of the year’s high at 1.1495. Above here good resistance stands at 1.1570 and then 1.1815.
Euro Set To Surge To 1.16-1.18 vs US Dollar
Gold Preparing For Next Leg Higher
Continues to look like a consolidation before the next leg higher. Good resistance is at $1,818.
SILVER SHORT SQUEEZE ALERT!
***Also Released: SILVER SHORT SQUEEZE ALERT: Sprott Silver Trust To Purchase $1.5 Billion Of Physical Silver, A Jaw-Dropping 8.8% Of Annual Global Production! CLICK HERE.
***To listen to Dr. Stephen Leeb discuss the gold and silver markets finally breaking the chains of manipulation and surging toward the coming mania as well as why the Chinese will be propelling prices higher click here or on the image below.
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