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

2nd_Hand_Gold_Man

2nd_Hand_Gold_Man

Member
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........:)
 
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
 
Nope. My contrarian side is telling me to sell gold and buy some stocks instead. Crazy dude.
 
Altima said:
Nope. My contrarian side is telling me to sell gold and buy some stocks instead. Crazy dude.
Click to expand...

You mean "sell (phys) gold and buy some (gold) stocks instead" surely lol!
 
This week.
Because AUD will drop.
China will buy.

and p.s. GS said it will drop.
 
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
 
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.
 
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.
 
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...
 
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