With Iran saying that their retaliatory attack on Israel was now over has let the shorts off the hook temporarily. After finally being allowed to bring gold back a bit on Friday they would have been shitting themselves when they saw Irans response to Israel's 1 April terror attack on their embassy. I think anyone looking to short gold for the foreseeable will get steamrolled. Iran also issued an ominous warning to Israel and the US that if they kill any Iranian citizen the come back will be a great deal more significant. Only a lunatic would not heed this warning but we are talking about the psychotic Israel and US leadership.
