Gold - Interesting point coming

From Oil to NQ, Crude to YM, and DOW to CL.. All Futures chat here.
Post Reply
User avatar
MonkeyTrader
I´m Rather Good Now !
Posts: 177
Joined: Fri Nov 20, 2009 12:10 pm

Gold - Interesting point coming

Post by MonkeyTrader »

Anyone have feelings on what GC is about to do ?

Didn´t someone mention 2kper oz ? :)

Anyway, just interesting as its trading at the highest price ever, and doesn´t seem to be stopping.
Attachments
gold_daily.png
I really don´t mind being on the other side of your trade.
User avatar
$piddly
Newbie
Posts: 24
Joined: Thu Feb 11, 2010 5:29 pm

Re: Gold - Interesting point coming

Post by $piddly »

Hey,

Getting closer Monkey. Another 120$ per oz and still no stopping it ! ? Where does it end ?

Love watching gold move :)
YM Player
User avatar
Bon
Guru
Posts: 3103
Joined: Fri Nov 20, 2009 8:54 am
Contact:

Re: Gold - Interesting point coming

Post by Bon »

and now 1400$oz seems regular. any thoughts ?
Please be constructive....
Debate is encouraged! We are all here to LEARN :-)
User avatar
Bon
Guru
Posts: 3103
Joined: Fri Nov 20, 2009 8:54 am
Contact:

Re: Gold - Interesting point coming

Post by Bon »

Testing bottom trendline on the monthly chart ?

100$+ pullback from the high.

What´s next ?
Attachments
GC-Jan2010.png
Please be constructive....
Debate is encouraged! We are all here to LEARN :-)
User avatar
greygoose
I´m Rather Good Now !
Posts: 203
Joined: Thu Feb 11, 2010 3:27 pm
Location: usa

Re: Gold - Interesting point coming

Post by greygoose »

Who knows but wouldnt it be outrageous if we saw a 'C' leg further down <1,200 as the Fed hints at raising rate, boosting the dollar and shrinking Gold. Gosh darn that would sting a bit for all the Bull late comers over the 1,200$ figure. NAHHHH $2,000 here we come, just a temporary correction.....right :?:
"Our deepest fear is not that we are inadequate, rather that we are powerful beyond measure"
Dollar Boy
Newbie
Posts: 11
Joined: Mon Aug 27, 2012 11:12 am

Re: Gold - Interesting point coming

Post by Dollar Boy »

Bon wrote:and now 1400$oz seems regular. any thoughts ?
Its been above the 1600 mark so long, it does not seem to be coming down anytime soon. With the dollar looking to have some shrinkage soon, im thinking gold higher for the near future.
Post Reply