This seems outrageous to me but I do think 1750 - 1700 is possible. Point is, keep some ammunition handy because if it gets this low it will be followed by an enormous run lasting many years. I'm not going short yet until I see more evidence but if it drops below 1800 U.S, I might sell and jump back in at a better time.
We cannot just be a bunch of back slappers, people read this site looking for honesty.
https://www.tradingview.com/news/marketindex:a6a213f4b094b:0-gold-prices-set-to-fall-below-us-1-600-in-2023-macquarie/
Chart - TA, page-3363
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Last
$1.23 |
Change
0.085(7.42%) |
Mkt cap ! $2.948B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.23 | $1.19 | $11.98M | 9.913M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 90825 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 141096 | 16 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| DEG (ASX) Chart |