GOLD 0.51% $1,391.7 gold futures

gold, page-99092

  1. 2,433 Posts.
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    I bought physical gold today, in the form of Regis Resources, Northern Star and Newcrest Mining.

    I did have existing positions in RRL and NST, but I have been able to bring my average down quite a bit.

    I am not saying POG can't come down more, but I am saying I think the initial move this morning was to spread fear, and we "only" down $35AUD/oz on Friday's close, in which it was already beaten down.

    https://hotcopper.com.au/data/attachments/3448/3448057-a1f8b26514e877404ade2d5841d5b36d.jpg

    @Skol as per my request earlier, I am still interested to know what happens if POG does not go through the level you posted earlier. This is a legitimate request on your perspective.

    Also, how much lower do you think it will go now that spot touched $1667 this morning?
 
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