GOLD 0.51% $1,391.7 gold futures

too fast too soon

  1. 4,242 Posts.
    lightbulb Created with Sketch. 19
    Being a long term and impatient Gold bull, (in reading some of the better analysts essays), believe that Gold is Going up too fast, and may correct back to support of $880, in a healthy breather,(another chance to accumulate),so the market brains and Gold techies are stating, i.e John Nadler of Kitco, Merv Burak, Doug Casey, Clive Maund to name a few. But correction to start at $950 level mark, with wild swings in between.

    However the Bull (calf) is still in its infancy, it need to get to inflation adjusted high of $2400 just to be equal with 1980 levels, yes calf will grow up rapidly - still a lot of kicking to do.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.