GOLD 0.51% $1,391.7 gold futures

gold $2000 /oz in 2009, page-41

  1. 9,861 Posts.
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    Rowing Boat

    Thats a log chart and im sorry i still do not agree with a forward forecast of 10,000 As you can see a log repeat of the 1980 high gives you 2197, which is a far cry from 10,000
    For me using a log chart is just to satisfy the argument a person is trying to achieve, price = price
    But Ok if you use a log chart its interesting to see it struggling to break the 61.8 fib level ???
    Nothing in life is impossible and for that reason i phoned my broker today and instructed he place a sell on gold at precisely 9,900 just in case :)))))

    Anyway all interesting stuff and my fw little goldies will always support the bullish arguments, of course with profit stops trailing up behind

    Trade safe all


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