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13 years 1 month ago #4145 by Monkeyz
Replied by Monkeyz on topic Gold
Forgot to add - the flip side of this = bullish outlook for equities?

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13 years 1 month ago #4153 by GGOK
Replied by GGOK on topic Gold
The $26 is really strong support. I am looking to go long there.
If that goes, then your $20 defo comes into play. I think something spectacular would have to happen to break that 26 support.
But never say never!
Gold I think 1525 is back on the cards based on last weeks action.
Watch the dollar, cause if dollar gains strength, then commodities normally pull back.
The $78.50 area on the dollar is key support.

Gee
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13 years 1 month ago #4154 by GGOK
Replied by GGOK on topic Gold
Also look at silver mining- AGQ around the 10-11p support from memory is a good one to get if it gets dragged down with silver price.
G
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13 years 1 month ago #4155 by Broad-rock
Replied by Broad-rock on topic Gold
Could Dow get to 14198 at about the same time Gold gets to 1525 and then we would have nice trades.
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13 years 1 month ago #4172 by waverider2
Replied by waverider2 on topic Gold
Have an open mind just in case - a close above 1636 at tomorrow's London Close can mean trouble for the gold bears (at least temporarily).

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13 years 1 month ago #4219 by WaveSurfer
Replied by WaveSurfer on topic Gold
gold weekly... i was very bullish on this until we failed to breach 1750 area.

Now i got my bear hat on. may see a short term bounce but is sell the rallies until gold can close abv 1700+

here's the weekly for a longer term view.

dl.dropbox.com/u/40497882/Gold%20Weekly_Feb2013.JPG
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