GOLD 0.51% $1,391.7 gold futures

gold, page-126833

  1. 10,345 Posts.
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    Yeah looking at the previous high on April 17th then its almost a certainty that it gets exceeded next week. I say almost because the Banksters have the weekend to "restructure" but even so I can't see them preventing it from occurring.
    There is also a daily target at 2,433.11 to take out which is very close to the all time high.

    https://hotcopper.com.au/data/attachments/6180/6180127-1e6129895cf1a80429257b32d449652a.jpg

    Daily on silver as it becomes heavily overcooked so if we get a spike higher next week then a rest may ensue but there's no telling how high this thing is going once the frenzy gets a hold of it and thats what we might be looking at now.

    https://hotcopper.com.au/data/attachments/6180/6180154-a1144917adca896f67dc4c14570c4e38.jpg

    Looking at the GDX and it is breaking higher before the gold price in that gold shares are beginning to lead the metal. We haven't seen this for quite a while and this could be the first indication of the beginnings of a speculative frenzy. We shall see.

    https://hotcopper.com.au/data/attachments/6180/6180157-9b47e03574af546d0dc5b3b9f7f31e14.jpg



 
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