QUICK NOTE 12:54 PM

 

The Noon selloff below $1330 in April gold could be one of two things.

1) It could be the beginning of a sharp selloff later this week.

2) It’s a low-volume manipulation to shake out bulls before higher prices.

Today’s close and Tomorrow Morning’s price action will tell us which scenario. If prices start selling off uncontrollably this afternoon, I’ll exit NUGT and USLV and advise members.