AMX aerometrex limited
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What's the call for Jackson hole?I'm going to take a punt and...

  1. Swiv
    240 Posts.
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    30/08/12
    10:07
    Post #: 10644999
    What's the call for Jackson hole?

    I'm going to take a punt and call for Bernanke to come out with a much stronger message but no specific announcement. He will provide enough clarity to push Gold back up to the 1680 resistance. Nicely timed for the ECB to announce the details of their plan early text week. Draghi not attending Friday's conference is a very strong sign that they'll have news next week.

    If I'm wrong and Gold takes a short-term drop, buy it along with any stocks that move with it. They'll all come back after the euro news.
    AMX Price at posting: 52.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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