Gold Just Hit AU$2,000

Discussion in 'Gold' started by GoldenEye, Jun 20, 2019.

  1. alor

    alor Well-Known Member Silver Stacker

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    there is sovereign risk and USD is lesser attractive with lower rates for foreign investors
     
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  2. mrsilverservice

    mrsilverservice Well-Known Member

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    Market Closed - $2,216,67

    AUD - $0.68

    Gold treaded water this week giving no signal but it is still running with the bulls :D

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    The Book of Proverbs Chapter 22 verse 2

    The rich and the poor have this in common,the Lord is the maker of them all :)
     
  3. dross

    dross Active Member

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    I'm still waiting and still have a strong feeling the $1500 USD and even more so the $1550 USD marks are going to be a real barrier to not only get over but to stay above, as once that happens i think the price will go nuts for some time before as always returning to some semblance of normality.
     
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  4. JOHNLGALT

    JOHNLGALT Well-Known Member

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  5. SilverDJ

    SilverDJ Well-Known Member

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    Previous support is being tested, could be some buying opportunity coming.

    upload_2019-9-30_22-59-37.png
     
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  6. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Yeah it looks ominously like a H&S. Technically, if it plays out to the downside, then next target 1400 which is smack on previous support.
    However, I see a potentially much more lucrative SELLING opportunity before any buying opportunity. ;)
    Below 1475, short it baby!
     
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  7. ozcopper

    ozcopper Administrator Staff Member

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    I expect gold and silver to fall all week, The Chinese market is closed for golden week all week. A perfect opportunity for manipulators speculators to knock the market down hard.
     
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  8. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Where do you expect the bottom to be? I dont see gold falling much lower than 1470 usd but would be happy if it did.
     
  9. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    The bottom will be Friday 11th October, whatever that will be. Last chance to buy gold cheap. I don't think China will allow HK protests to continue after the 70th celebrations.
     
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  10. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Already slightly lower than my expectations. Hopefully can pick up an ounce around 1400 USD before we take off again
     
  11. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Once in a lifetime opportunity. Hk and trade war deferred until the holidays are over. Did you see the military parade? Makes Russia’s victory day parade look like a Disney Mickey mouse parade. Putin needs to buck up.
     
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  12. JOHNLGALT

    JOHNLGALT Well-Known Member

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    They are on the same side. With their co-operation with other Nations building the OBOR (One Belt, One Road), which the Western Lame-Stream Media will not tell we (the Western SHEOPLE about).
    The Russkies & heaps of other Countries are building while the West is trying to keep the status quo.
    Not gonna happen, Got gold? sure have.
     
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  13. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Do you mean China's side? If so, Russians need to learn Mandarin because they will need to speak Mandarin in China, not English. This is the future.
     
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  14. JOHNLGALT

    JOHNLGALT Well-Known Member

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    The whole world is about to be shaken by the rise of China & the East.
    We in the west bought stuff off the east with paper & digital promises to pay in the future (cars, furniture, gadgets, junk, etc.), well, the future is here, & unless there is a world wide war, these promises to pay have to be paid. Another RANT OFF. _JLG.
     
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  15. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I don't think many in Western world understand what the rise of China is about. It's not about politics or ideology. It's not even about communism which is a Western ideology btw.
     
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  16. alor

    alor Well-Known Member Silver Stacker

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  17. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Stackers............
    STRONG HANDS_VALLEY_BOTH HANDS.jpg
     
  18. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    What just happened in the US?

    At 10am US time gold spiked USD17-20.00 in 1-2 minutes....any news just hit the airways?
     
  19. 66rounds

    66rounds Well-Known Member Silver Stacker

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  20. 66rounds

    66rounds Well-Known Member Silver Stacker

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    And back down just as quick
     

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