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@trent3727 "it’s just an emotional spec liquidation and stops...

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timber1956

7,423 Posts.

152

21/06/18

06:29

Post #: 33843084
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Originally posted by trent3727 ↑

Gold trading like recession now.

I don’t see it. I don’t see it in the flows. I don’t see it in oil and gasoline demand. I don’t see it in imports and exports. I don’t see it in stocks.

I see agricultural prices have fallen. That’s it.

I see the dollar having rallied.

So either gold is keying in on something that I’m missing or it’s just an emotional spec liquidation and stops getting hit.

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@trent3727

"it’s just an emotional spec liquidation and stops getting hit."

In the short term, I think that sums it up pretty well. If I was long, I wouldn't be jumping out the window yet...
3 Upvote

0 Great analysis

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