GOLD 0.51% $1,391.7 gold futures

Im staying away from aussie gold at the moment and sticking with...

  1. 1,239 Posts.
    Im staying away from aussie gold at the moment and sticking with the us. With the strength of the AUD in the future ( that is if the $US crumbles ), oz gold wont run as hard when gold starts to rise. If the AUD weakens in the short term we may see a bit of a spike for Aussie gold. I have a order in a $1175, not sure how long it will take to retrace ( if it does) but I also believe $ 850 -$880US is possible in the near term, while the AUD hits 71 - 72 cents. Just my thoughts and mumbles.
 
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