GOLD 0.51% $1,391.7 gold futures

gold, page-24608

  1. 44,246 Posts.
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    The thing that'll move gold will be the kind of things that'll move gold. Like demand for a safe haven due to a war. Or a renewed Debt Ceiling Crisis from 15 March. Or Trump not being able to ram through all his big spending and massive tax cuts.
    It'll take a dose of the kind of news that'll move it accordingly.

    The chartists don't know the future, they just say "this'll happen, or that'll happen".

    I always scratch my head at comments like "Gold is battling the resistance!!" , "Gold is poised to do this!!" , "Looks like Gold is set to do that!!".

    Gold is doing nothing of the sort. Gold is an inanimate object. Why would Gold go for a run without fresh news? It only responds to fresh news.
 
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