GOLD 0.51% $1,391.7 gold futures

gold, page-3404

  1. 7,702 Posts.
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    @petg
    I see record closing high of 2129.9, 18 May, 2015 (open to correction). 2,133 may well have been a later intra-day high in July. Not a big difference.
    It's already broken the third ("triple hi" ) close of 2091, 18 April, last close 2099.4 (yesterday, very bullish candle for last week, fully engulfs those of last five (5) weeks).
    Triple top or no triple top (am more than a bit skeptical of such things), my crystal ball told me it'd reach 2,250-2,300 and then fall some 50-60%. Another 7%. Not outside the realm of feasibility 2,250 (+7%).
    That is not my firm opinion (but another's), which I've posted previously, verbatim, at length, when discussion of bubbles have arisen.
    "We await..."
 
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