We might soon become even more excited, as Jim Sinclair, who has stuck with his $1650 gold call for around a decade now (although admitting his target will be woefully low), today stated gold will vault towards $1764 in June as a result of today's price action.
From Jim Sinclair of JSMineset:
Dear Friends,
Today's action totally eliminates all and any concern for the price of gold. Today's action lights up the $1764 Angel in gold.
Technical damage always requires technical repair. That type of price action is a perfect set up for a major launch of the gold price in June.
Relax and enjoy your protection and insurance positions.
Regards,
Jim
Jim