gold cracks $1700, page-2

  1. 1,118 Posts.
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    I would agree Moorpett, the BCD share price will pop once Webb's road block is out of the way, particularly with the way gold is trending. Maybe I am being a little overly optimistic, but from a technical perspective the price of gold is likely to test past major resistance levels. The first is at $1790, then $1900. If that breaks then $2000+ will be on the cards. With the anticipation of the USA pumping more money into their economy after the elections, I can see this being a very plausible scenario.

    Did I hear you say 10c/share before... ;-)

    Chart attached with major support & resistance levels in blue & orange, respectively.
 
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