(SURVEY) WHATS YOUR THOUGHTS? YES OR NO WILL gold reach $1800AU IN FEB

Discussion in 'Gold' started by 2nd_Hand_Gold_Man, Feb 11, 2016.

  1. 2nd_Hand_Gold_Man

    2nd_Hand_Gold_Man Member

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    IM HOPING its going GET TO $1800 AU ASAP AND HOLDS steady,
    And im also hoping that $1800 AU IS JUST A PIT STOP TO $2000 AU AND ABOVE WELL B4 2017........:)
     
    2nd_Hand_Gold_Man, Feb 11, 2016
    #1
  2. tozak

    tozak Well-Known Member Silver Stacker

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    You mean will it go up AU$50 from here in the next 2.5 weeks when it has managed a $50 a day move several times over the last week

    Yeah I would say that would be possible, very much doubt $2,000 by end of month though, still some resistance points to work through
     
    tozak, Feb 11, 2016
    #2
  3. Altima

    Altima Well-Known Member Silver Stacker

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    Nope. My contrarian side is telling me to sell gold and buy some stocks instead. Crazy dude.
     
    Altima, Feb 11, 2016
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  4. VRS

    VRS Well-Known Member Silver Stacker

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    You mean "sell (phys) gold and buy some (gold) stocks instead" surely lol!
     
    VRS, Feb 11, 2016
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  5. DanielM

    DanielM Active Member Silver Stacker

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    No! Not in feb not in march
     
    DanielM, Feb 11, 2016
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  6. JulieW

    JulieW Well-Known Member Silver Stacker

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    This week.
    Because AUD will drop.
    China will buy.

    and p.s. GS said it will drop.
     
    JulieW, Feb 11, 2016
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  7. JulieW

    JulieW Well-Known Member Silver Stacker

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    And Europe.
     
    JulieW, Feb 11, 2016
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  8. errol43

    errol43 New Member Silver Stacker

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    Drop in AU$ is the main cause for the rise in gold. Remember the$AU has dropped from $1.10 to 70 against the USD.

    Regards Errol 43
     
    errol43, Feb 11, 2016
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  9. 2nd_Hand_Gold_Man

    2nd_Hand_Gold_Man Member

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    .
     
    2nd_Hand_Gold_Man, Feb 11, 2016
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  10. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    The question is can these prices hold? Gold in Australia is two months over the 200 day average, but only a couple of weeks in the US. So it really is more the dollar than the metals.

    If the Dow tanks and investors go for both cash and gold, then yes, $1,800 gold in February.
     
    sammysilver, Feb 11, 2016
    #10
  11. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    China's market is closed until Monday. Honk Kong collapsed what do you think is going to happen on Monday. This is a no brainer. Gold is going higher and silver has some catch up to play.
     
    Ronnie 666, Feb 11, 2016
    #11
  12. worldbubble

    worldbubble Active Member

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    Yes if AUD goes down to 0.6 against USD
    Otherwise NO
     
    worldbubble, Feb 11, 2016
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  13. mdh

    mdh New Member

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    Well gold in USD has punched through the 1200 resistance and only has 30 odd bucks to go, and we are seeing moves larger than the average 10-15 a day. Surprised we haven't seen an organized smackdown yet...
     
    mdh, Feb 11, 2016
    #13

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