Author Topic: Gold prices  (Read 791 times)

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Offline Bluefin646

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Gold prices
« on: February 06, 2017, 02:59:58 PM »
interesting price action as we hit the $1,235 / oz area, with resistance @ $1,250.

odd link is dollar higher, gold higher, have not seen that often.  New admin continues to talk down the USD, yet it has still held around the 100 level (usd index). 

it will be interesting to see if overall equity markets pull back, bond ylds slowly drift in, dollar lower, if gold can break out north of $1,250. 

Offline polldav

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Re: Gold prices
« Reply #1 on: February 19, 2017, 11:24:37 AM »
Yeah gold has been a pretty boring market for a few years now - but it seems like we are overdue for some volatility in markets around the world.

Offline r3globe

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Re: Gold prices
« Reply #2 on: February 19, 2017, 11:34:10 AM »
Europe is breaking apart and that will drive Dollar much much higher. Gold is not ready yet for prime time. But, time is running out.