Looks to me that a significant charge at 1070 is underway. and the charge is not because the USD is falling. look at POG in AUD - its at 1170 the upper part of a sideways trending channel.
should POG break 1070 USD I suspect it will also break 1170 AUD signaling a net buying situation for gold NOT a USD selloff.
GC
- Forums
- ASX - By Stock
- GOLD
- has the usd dropped or is there gold buying
has the usd dropped or is there gold buying
-
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online