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Gold Triple Top Price Collapse Soon!!
- Thread starter jreynolds212
- Start date
Quote from jreynolds212:
If it doesnt get above 842, then whammM!!!!
Six questions:
Is the ten year yield going higher or lower? I say higher
Is the dollar moving higher or lower? I say higher
Is oil at a triple top? YES
Is gold at a triple top? YES
Has the $XAU formed a rounded top? YES
Is the $GTX struggling to get over its 2006 highs? YES
Im short right now gold and believe the time has come to throw it on the table!! What says you ETers? The ones who run to buy goldcoins when gold has topped...the ones who run out to buy euros when the dollar has bottomed? Speak up! What says you...
Gold is going straight up to your margin call.
Ring Ring!!!
Quote from SethArb:
by the way ... gold price according to experts
is supposed to average $800 this yr
What about USD though? I don't understand the technicalities, but in layman's terms wouldn't it be reasonable to assume higher gold prices if USD continues its decline vs other major currencies?
Quote from jreynolds212:
Elitefaders!!!!
I have spoken and Gold will see 800 before it sees 900. It is now time to come to grips, to reality. The world is not going to end, you can stop hording that bullion under your mattress. We are at peace, not at war.
This is for those who wish to read and understand. This is the end of the gold bull market!!! It is now time to sell, now time to short.
I dont want to see any more charts of foolishness. Gold has topped and I expect a steep selloff in the new year. I have spoken.
And what was the HOD today?
LOL