$1278 USD

Discussion in 'Gold' started by ParanoidAndroid, May 12, 2016.

  1. ParanoidAndroid

    ParanoidAndroid Well-Known Member

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    That's some major resistance.

    5 times its bounced off that level now just in todays trade.
     
  2. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Do the numerology, $1278 is a 9.
     
  3. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    Good to see you a fan of numerology! Me too! The main number in my chart (life path) is master number 11. Decoz Numerology software is best imo.
     
  4. ParanoidAndroid

    ParanoidAndroid Well-Known Member

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    I don't know what any of that means.

    Can someone just say if it's good or bad?
     
  5. 2nd_Hand_Gold_Man

    2nd_Hand_Gold_Man Member

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    back to $1276..........YOYOing again
     
  6. 2nd_Hand_Gold_Man

    2nd_Hand_Gold_Man Member

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    neither is it good or bad lol, its GOLD and does what it likes.....if i could answer the age old question is it good(BUY) or bad(SELL) in a gold market 2 DAY LOL (ID BE SUPER RICH) LOL
    LETS JUST HOPE IT WORKS OUT GOOD 4U
    CHEEERS
     
  7. tolly_67

    tolly_67 Well-Known Member

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    It's bad.
    Gold is moving inversely to the U.S. dollar at the moment ( not the other way ).
    Watch the U.S. dollar index closely. Any run up from here will absolutely cream the price of gold.
     
  8. ParanoidAndroid

    ParanoidAndroid Well-Known Member

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    Thanks Tolly. Thats what I was needing to hear, thogh would prefer it broke through the resistane level naturally....
     
  9. 2nd_Hand_Gold_Man

    2nd_Hand_Gold_Man Member

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    $1279.40
    here we go AGAIN
    WILL IT BUST 1280 AND STAY THERE????????????????????????LETS BLOODY HOPE SO
     
  10. 2nd_Hand_Gold_Man

    2nd_Hand_Gold_Man Member

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    JUST BUSTED $1280 US(AGAIN).............LETS HOPE ITS STAYS ABOVE FOR A WHILE
     
  11. tolly_67

    tolly_67 Well-Known Member

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    There is a pattern at the moment that any early gains in the gold price are lost by the end of trade.
     
  12. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Heading up for a retest of $1300 USD. If it gets through that...well we should see a new record high gold price in AUD. That ought to make the news :p
     
  13. alor

    alor Well-Known Member Silver Stacker

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    every time the launch were attempted, there were boatload of seller in the magnitude of billions $$$ paper.

    the only way to win is to take the gold metal with you, no way to win gold in the paper world. gold would win in gold's world.
     
  14. ParanoidAndroid

    ParanoidAndroid Well-Known Member

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    Yep, look at that fall off the cliff all the way back to $1274 from $1288. At least the resistance level is slowly creeping up. If it breaks and holds $1300 US that could make things more interesting.
     
  15. tolly_67

    tolly_67 Well-Known Member

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    Gold is currently a passenger on the U.S. dollar bus.
    One day soon it will have its own bus but for the time being, it is not the driver.
     
  16. tolly_67

    tolly_67 Well-Known Member

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    nudge the 1280 again
     
  17. alor

    alor Well-Known Member Silver Stacker

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  18. tolly_67

    tolly_67 Well-Known Member

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    Well it couldn't be too far out of whack with reality because there is no shortage of gold and silver on the market. If there really was so much demand and the price was allegedly artificially supressed, there would be no gold or silver to be had for love or money. No different to wheat. If there is really a shortage then price rises. Nobody on stackers is regulated by the comex contract prices. Nobody on stackers is going to give me $10 for rounds like a few years ago. If it is rigged then they are doing a lousy job.
     
  19. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    go for GOLD!!!
     
  20. 2nd_Hand_Gold_Man

    2nd_Hand_Gold_Man Member

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    back to $1271US yoyoing as per norm grrrrrrrrrrr lol
     

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