Gold Just Hit AU$2,000

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 :)
 
Silverman99 said:
Give it time and it will blow past $1500 heading to $1700 as the next resistance level

Silver will follow
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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.
 
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!
 
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.
 
sgbuyer said:
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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Already slightly lower than my expectations. Hopefully can pick up an ounce around 1400 USD before we take off again
 
66rounds said:
Already slightly lower than my expectations. Hopefully can pick up an ounce around 1400 USD before we take off again
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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.
 
sgbuyer said:
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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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.
 
sgbuyer said:
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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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.
 
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?
 
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