Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

Click for more information

0.51%

$1,391.7 gold futures

Gold, page-2092

First 2092 Last

Share
Profile

Follow
aimone

46,682 Posts.

56

28/11/15

17:51

Post #: 16501703
Share

Originally posted by locshare11 ↑

pog 1068 is bearish level. Let's see if It can hold above that level at the end of the day.

. Why china just bought more cooper. Why they don't wait after the Fed decision. Is it surely a downtrend?
Remember how China bought more Gold in August. Pog went up for the next 2 months.

. Next week there are handful of GDP reports from difference countries. If they are Negative that would reduce the Fed's chances because global economies are still struggling.

. Corporates profits are down from 8 to 1.5
Hedge funds are withdrawing their positions in US stocks. If rate does rise the selling pressure is enormous. That's helping pog.

Expand

'If rate does rise the selling pressure is enormous. That's helping pog.'

???

1/4% rate hike

selling pressure enormous?

Last edited by aimone: 28/11/15
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1,545 more messages in this thread...

First 2092 Last

Add GOLD (COMEX) to my watchlist

SPONSORED BY