Its a double edged sword... you need to look at currency fluctuations. Best bet is for Trump to win - gold to go higher on uncertainty and Aussie dollar to drop to 65c which will give gold a nice bump. But Hillary win could drop gold could drop and Aussie dollar stay or go slightly higher.
Just my thoughts, hopes of Trump winning being dashed.... and people who are long on gold selling out.
So emotional. Divers plunge - markets rise and fall Unless you're on King world news where markets launch etc etc If markets plunge it would mean the the stock exchange itself would be falling out of the sky. Or for gold to plunge it would have been tossed from the empire state. Plunge means to lose altitude not a reduce in currency value.
It seems that for the long term until this year end, Gold will be bearish or becoming cheaper: What do you people reckon ?
That sudden drop in gold px on 27/9 was related to an election debate. Gold at US$1325 seems stable again. I don't want to see it below $1325.
THATS LIKE WAITING FOR RUMP STEAK TO GO ON SPECIAL(STILL CANT BUY IT IF THE PIGGY BANK IS EMPTY(HOW MUCH POCKET MONEY DOES MOMMY GIVE YOU LOL)
THANK GOD YOUR USING A KEYBOARD LEON ,PENCILS COST A FORTUNE(ITS THE PM LED CONTENT LOL) MAYBE BY SOME CHALK ? THAT WAY YOU CAN JUST USE A DUSTER TO CLEAR YOU F/UPS....ITS GETTING BORING (TAKE UP PING PONG AS PM,S AINT FOR YOU
My system has showed a stunning signal: Gold price might drop below 1,300 usd/oz on next Monday. Well, let's see