GOLD 0.51% $1,391.7 gold futures

will gold go up...or down, page-5

  1. 4,876 Posts.
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    I think gold wants to correct down as suggested by many commentators as part of natural retracement before resuming it's upward leg. However, things are not going the traders way and there seems to be plenty of support of these levels. Dollar continues to dip, oil continues to rise and there are some extra global tensions to boot. All of these are pulling and pushing at the price.

    Who really know2s what's driving the price atm just know it's not going to where it's suppose to. Should head back to over $1000 soon if it does not drop significantly below $900.

    Cheers
    BW
 
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