GOLD 0.51% $1,391.7 gold futures

im gonna be honest here, i want gold to fall because i dont have...

  1. 10,349 Posts.
    lightbulb Created with Sketch. 603
    im gonna be honest here, i want gold to fall because i dont have enough, ive got a few ounces, gold WONT fall to $200, ok thats is mad man speak ok, theres no way in hell gold will fall that far, ok an alien is more likely to be US president than gold to fall back to $200,,BUT gold might fall back to $750-$800, as if you look at golds long term chart it usually fall about 50% from every all time high, so if gold tops out at say US$1500, it might fall back to $750 level, lots of people say gold WONT fall below the 1000 mark, but im 90% sure gold will fall below this, all it takes is alot of shoters and traders, even though the US$ is in a long term downtrend, if china announces its not buying any more gold, than might make it top out and fall back to 1000 or below, it wont take much, but $200 is just foolish talk.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.