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The View From The Montana Log-Cabin As Gold Continues To Hold $1900……..just!

By Nigel Somerville | Sunday 17 September 2023


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Gold closed the week at $1924 – up a shade from last week’s $1919 but the rather more important thing for me was that it held the $1900 line (just) on Thursday. I sense that this is the battle line and if it holds it should provide a springboard for a push back towards the all-time high. 
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