GOLD 0.51% $1,391.7 gold futures

gold, page-29815

  1. JFI
    6,837 Posts.
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    I am starting to get a little excited with a possibility that may be brewing...

    Gold moving very fast in my opinion... if we see US$1250's start to get attacked with bid we may well see a US$10-20 rise in Gold price within an hour. This may sound hopeful but those downside risks I considered with Elliot Wave posts a week or two ago mooting Skol's long hoped for US$800 gold could actually play out the other way now. We may actually be inside the most powerful and strongest unforgiving wave 3 ! A short covering rally could start to set the scene in the early US$1250's to US$1300 and onwards to the next stage of set up at the US$1425 range.

    Very please to have acquired size in physical silver and gold at recent lows.

    Exciting times.

    JFI
 
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