Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

Click for more information

0.51%

$1,391.7 gold futures

Interesting... Gold appears to be holding up and as you point...

First 2 Last

Share
Profile

Follow
Jack73

1,273 Posts.

17/04/15

15:29

Post #: 15107455
Share

Originally posted by AverageJoe ↑

You can almost see it unfolding with the odds indicating the unfortunate exit. European bourses are profit taking and anticipating volatility but gold is in a tight choppy range. Is this normal? Is gold losing the safe haven fear factor?

If you look at the history of GFC, I am now bias towards USD being the safer haven asset of choice should Greece defaults. I suppose the cheap money will keep supporting the local economy in Europe and Japan and to some extent US with the TBonds indicating FFR is unlikely in the near future.

Expand

Interesting...

Gold appears to be holding up and as you point out AJ trading in a tight range. Breakout imminent..????

USD is dropping....
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 479 more messages in this thread...

First 2 Last

Add GOLD (COMEX) to my watchlist