GOLD 0.51% $1,391.7 gold futures

short-term trading thoughts, page-9

  1. 11,690 Posts.
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    Short term is difficult to predict. But with all this unprecedented money laundering by the US the weekly chart looks like repeating the 2007 rally. If we assume the same proportions it should peak at 1100 in 3mths time. So maybe 10-15% gain in 3 months? That's pretty good, but I still think banks will out perform gold providing some improvement in the economy is indicated.


 
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