is the selling momentum running out of puff, page-8

  1. 11,522 Posts.

    Bit risky to go long, rewards dont match the losses.

    Only thing that can save Gold temporarily is an emergency US rate cut, and the US market along with Bonds have got a way to go. On checking through past cycles, they usually let the market collapse without stepping in at least once. Seems like December at earliest.


 
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