Gold has again reached the grinding zone and will turn the temporary 3tripple to a break out battle at a very crucial time. Month end above 2k would give bullish signals devastating would be quarter and YE above 2k or unimaginable 2100 during buy season. Bullion boys are carrying a 140-50k short position on Comex and during the last attacks on 2k they increased up to 250k shorts to defend plus ETF shorts but this time since they expanded the OPS into Miners as well ( made a lot of money with Miners at record lows despite high Gold) they are facing a tough situation. So far Silver supports them as last times Gold was so high Silver was rather close to 30 now being 24 at or below most Silver Miners AISC they still can limit the advances. Once Gold goes north 2100 Silver will follow and even start to overtake especially after taking out 26 and Miners will explode higher while Silver goes 35 and Gold to 2400-500 silver could reach 50. so far neither HF have joined the long side nor FMs as year-end rather has its own dynamics. Most will rather defend what they made instead of taking new risks hence the big rush in will be in Jan. rather for FMs. Gold itself is another ball game as its Tier1 capital now and many banks will tend to increase their Gold holdings to show a stronger balance 'cheat'. Bullion will have a hard time to keep prices below 2k in Dec with almost no chance in Q1 of 2024