Buying GOLD

RainMaker3000

RainMaker3000

Buying Gold before the non-farm numbers come out...$1530 after the numbers come out! nothing is 100 percent but the stars have lined up for a buy!
 
The price action from monday and tuesday looks like a shake out as of now.
The upper part of the channel that the price went back into is around 1575
I also think that if 1525 proves to be impenetrable, tuesdays lows will be busted
 
LanceJ said:
The price action from monday and tuesday looks like a shake out as of now.
The upper part of the channel that the price went back into is around 1575
I also think that if 1525 proves to be impenetrable, Tuesdays lows will be busted
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I'm looking more at a fundamental catalyst rather than a TA one.... I think there will be migration into gold over the next year because of the uncertainty of an election year.
 
RainMaker3000 said:
I'm looking more at a fundamental catalyst rather than a TA one.... I think there will be migration into gold over the next year because of the uncertainty of an election year.
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what if Trump gives a lot of sweeteners to the voters to get re elected......will that enthuse the markets?
 
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padutrader said:
liquidity inflates all assets.....
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Seems as if the cure for the illness is more poison. (LVM)
If gold rises with inflation, then fundamentally shouldn't the Bulls be on cruise control. Trump re-election is already priced in, surprise not re-elected will be the catalyst
 
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