AU$1800

Discussion in 'Gold' started by JulieW, Jun 16, 2016.

  1. JulieW

    JulieW Well-Known Member Silver Stacker

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    [youtube]http://www.youtube.com/watch?v=QexOuH8GS-Y[/youtube]
     
  2. Killface

    Killface Well-Known Member Silver Stacker

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    Well I sold my entire unallocated stack on Thursday night (all 0.19 oz of it) for a total profit of (wait for it...) $10!! Still fun though.

    Making money on PMs is child's play. If only I'd gone all in.
     
  3. mmm....shiney!

    mmm....shiney! Moderator Silver Stacker

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  4. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    They call that "freedom of speech" in Brit... Boris has 2nd job outside his parliamentary duties...hope he doesn't use his government car to do his "private" outings...
     
  5. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    $1800, will we see it today?
     
  6. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    We're $1793 now so it's a pretty good chance...

    But my gut tells me we might see some central bank interventions and a bit of a dead cat bounce in risk-on markets today.

    Boris Johnson has also come out and made a decent statement about Brexit implications that might go some way to cooling things down.

    All of this might suggest a mild pullback in gold.....but it could just as easily shoot through the roof again so DYOR :p
     
  7. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Got there:

    [​IMG]
     
  8. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    1804.80 now
     
  9. shinymetal

    shinymetal Well-Known Member

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    On ABC24 just now they totally failed to mention that gold went all time high AUD today.
    They didn't even show the gold price in AUD, they only showed in in USD.
    Totally ignored.
     
  10. JulieW

    JulieW Well-Known Member Silver Stacker

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    I think we'll see 1900 by end of July.

    Just an intuition, nothing to support it apart from the bull market, the collapse of economies, and the price of eggs.
     
  11. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Are you stacking Faberg eggs?
     
  12. brexitbaby

    brexitbaby New Member

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    Only $3:06c short :p

    It looks like the market has already priced in a rate cut by the RBA today :p :p or am I wrong ;)

    Happy days are here again :D ( to stay)
     
  13. Peter

    Peter Well-Known Member

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    Ive got my
    Yippee!!
    Ready.
     
  14. Peter

    Peter Well-Known Member

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    Yippee!!
    1800

    Onwards and upwards to $1900.
     
  15. Mintaka

    Mintaka Active Member

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    [​IMG]

    This happened.
     
  16. brexitbaby

    brexitbaby New Member

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    You have gotta love this :lol:

    Boris and girlfriend,don't you mean Boris in drag :lol: fair dinkum they look alike :lol: Ya but no but :lol:

    Thanks bubblebobble :D
     
  17. masmas

    masmas New Member

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    It seems if the price keeps on going like this chart below combined with the unknown situation in USA, Japan & Eurozone, it will soon hit $1800:

    [​IMG]
    Source:https://www.tradingview.com/chart/XAUUSD
     
  18. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    ^^^
    I like it
     
  19. finicky

    finicky Well-Known Member Silver Stacker

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    ^^^ :rolleyes:

    Looks like a feeble trendline - not even a bounce to confirm a second touch yet. I think of a trendline as being minimum three touches, with a bit of wiggle room for 'close enough'
     
  20. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    You might find that the dotted red trend line is coming off the December lows too. So that would be 2 touches.

    Im not suggesting it's rock solid, but it shouldn't be ignored. In conjunction with the flag formation (which is generally bullish) it could be a good buy zone to springboard from if BOJ and FOMC deliver dovish outcomes this week.

    PS - This chart is in USD while the thread is about AUD gold. We could easily see a big move in USD gold that doesn't flow through to AUD because of parallel exchange rate moves to offset.
     

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