There is no news. The next three days will be very crucial for gold, silver, crude oil and the Japanese Yen. If they are able to rise then I expect $1296, $18.76 and $52.20 in gold, silver and crude oil in the short term. Caution optimism along with a lookout for trend reversal is the need of the hour for day traders, jobbers and short term investors.
The only way to get over unending controversies for Trump is to divert home media attention to a war. North Korea could be the pawn for Trump. If Trump controversies do not end in the next two months then I expect North Korea to be eaten by NATO forces. Wars in Asia are always bullish for gold and silver.
This post was published at GoldSeek on 17 May 2017.
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