A little info on a comparison point for POG today vs Deg.
15th Sep - Golds high - $1952 Deg - $1.47
16th Sep - Golds high - $1973 Deg - $1.45
17th Sep - Golds high - $1960 Deg - $1.59
18th Sep - Golds high - $1960 Deg - $1.60
Current POG Live - $1958 with a high of $1965 in the last 24 hours.
Food for thought for this weeks possible movement.
Given POG trajectory and very good announcements since previous highs it would seem natural to assume that we are likely to hit $1.50 to $1.60 within 3-6 working days. If gold continues to climb though back the heady highs of early August over the course of the next few weeks I'd be thinking more like 1.75 to 1.85 by end of November. I was sceptical of those who said $2 by end of the year but now that based on the charts, FA and POG trajectory is not an unreasonable target at all and thats not including updates or positive announcements.
The six, three month and one month MACD, Momentum, Slow stochastics, money flow index etc etc and it looks like everything is lining up to match the above, for a very, very good month (or even end of year) for holders.
Thought the five day charts look like their about to go off like a rocket, everthing is perfect and the bollingers are tightening nicely!!
Great weak this week ahead and overall a great Christmas!
(DYOR-FA\TA My opinions only)
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3 | 30983 | 1.215 |
1 | 19000 | 1.210 |
2 | 115535 | 1.205 |
3 | 25135 | 1.200 |
Price($) | Vol. | No. |
---|---|---|
1.235 | 21735 | 2 |
1.240 | 16994 | 3 |
1.245 | 25344 | 2 |
1.250 | 183246 | 13 |
1.255 | 42782 | 4 |
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