GOLD 0.51% $1,391.7 gold futures

May well be Mikebr...If the next leg down is technical - then it...

  1. 551 Posts.
    May well be Mikebr...

    If the next leg down is technical - then it prolly won't effect gold much - which will continue steady up.

    If it's because new deflationary concerns are getting priced in - gold will take a hit. The recent spike not withstanding. As well as my head being in the sand...

    and hello - do I hear them heading to US treasuries? Indeed I do... Now why would they do that when they are losing faith in the usd?

    Getting interesting tho - the usd is looking set to meet the 50 ma shortly... will it cross?
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.