GOLD 0.51% $1,391.7 gold futures

gold, page-103433

  1. 10,437 Posts.
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    Well the gutter dwellers remain hard on it as $1780 is the price of the moment for these clowns.


    https://hotcopper.com.au/data/attachments/3869/3869186-ab5885334d113e17a5e9b4e1bfd085e3.jpg

    A daily on the GDX indicating the "bounce" underway but under these conditions I wouldn't expect it to last long, unless of course things change meaning that these clowns back down, which appears to be a tad unlikely.

    https://hotcopper.com.au/data/attachments/3869/3869225-1397b3de034c56fb258fae0280fd21a4.jpg

    A daily on the $aud indicating also a bounce from an oversold position.

    https://hotcopper.com.au/data/attachments/3869/3869236-7b0b7b1f07fe3e3eb7a89b75bbde7a84.jpg

    A weekly below as the $aud tests longer term support.
    A break below here is indicative of further commodity price weakness by the look of it

    https://hotcopper.com.au/data/attachments/3869/3869254-4870a9ec4491addd392268cadcf5b2cf.jpg

    The Dow below indicating the short squeeze is well underway with a gap to close just above 35500 as it along with the rest of the majors flirt with their 50 day ma's

    https://hotcopper.com.au/data/attachments/3869/3869295-52fe828ce863aa6bc6872a7a18bc1faa.jpg

    Junk bonds charging back up the ladder as liquidity is pumped into the game.

    https://hotcopper.com.au/data/attachments/3869/3869304-eee4a062f6490ea3a7cc73a2173523e1.jpg

    Should be a reasonable start to the day for aussie golds.


 
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