GOLD 0.51% $1,391.7 gold futures

Sabre, if you saw that chart picture in a bull market, of course...

  1. 320 Posts.
    Sabre, if you saw that chart picture in a bull market, of course you'd buy it if the fundamentals and supply were supporting your decision. You should not inverse the chart because the fundamentals are what drive a bull market - gold pulled back already - it has lead the indices to these levels - as it goes up that's the cue that indices will start to bottom, albeit maybe temporarily - you're looking at a buying opportunity of a lifetime inversely - sorry!

    P.s: BHP who you posted about also mine gold. Wouldn't you want it to go up!!!
 
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