XMD 0.18% 10,228 s&p/asx midcap 50

hi Snout hope so last year saw similar hammer down on gold in...

  1. cha
    5,848 Posts.
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    hi Snout

    hope so

    last year saw similar hammer down on gold in july beofre major rerate to spike in oct. run was from 2200 lows to high of 3000 xgd

    with all the work done over last year would love to see uptrend take it to that xgd 6000 level we spoke of before

    mind you last year gold moved up when silver failed.
    this time around silver been leading the way. had its backtest and held the $20 level so augers well
    if silver does rerate then higher figures again for gold and xgd

    early days on this leg but glad did not panic sell last week or so. helps with you Loki and others keeping it in perspective

    if pog gets through 1380 mark will get that nice big fat green candle i like

    i am just not sure as usual. churn is my experience so will see for august my friend

    disappointed has not spread to metals and commods but my experience is gold up then rest follow so will see this week if all starts up again

    happy with gold. very happy with gold and silver and rest can churn all they want
 
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