GOLD 0.51% $1,391.7 gold futures

gold, page-1196

  1. 2,963 Posts.
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    No so sure slange

    Silver has been lagging gild up until three weeks ago. It was trading near 86:1 ratio which is historicLly very high.

    The move a few weeks ago was just cathcing up and is now basically back in sync at 72:1.

    I expect monday morning gold to test $1300 level as the shorts from asia may have been caught out on friday night.

    The longs could push gold past 1300.

    By weeks end a test of 1282 and 1262 support will be healthy for gold.

    I believe 1350 is in reach.

    If 1262 holds i will add to my stash of the yellow stuff.

    As for silver it should track gold higher.

    Base metals is something i would stay clear off. Dead cat bounce imo.

    Copper needs a break of 2.30 then 2.45 before i could get interested
 
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