Which way? Gold.

[themickey]

Australian gold index

 

[themickey]

Uhh ohh....

 

[themickey]

This might be coming for some....

 

[Overnight]

This might be coming for some....
View attachment 243757

Hehe, gold is a monster, I see a 120 point range today in Dec GC. It does not suffer fools.

 

[terrifrancis]

Gold has surged this year as investors seek protection from slowing global growth, the incessant trade war, and turmoil in the bond market that suggests the U.S. may be headed for another recession..

 

[themickey]

Gold has surged this year as investors seek protection from slowing global growth, the incessant trade war, and turmoil in the bond market that suggests the U.S. may be headed for another recession..

Yes, went to ~+35%, now ~+20%.
A turnaround may be getting close by, no signal yet.

 

[terrifrancis]

Uhh ohh....
View attachment 243755

Now this seems to be throwing light on where it was dim.

 

[themickey]

Nice paddywhack for gold on ASX today, ~7% on the index.
Expect USA to receive likewise when it opens today, ASX is 12 hours ahead of USA.

 

[themickey]

About right now should see a bounce back up.
Too early to determine if it's a longer term bottom, shorting from here would not be a good idea imo.

 

[Overnight]

About right now should see a bounce back up.
Too early to determine if it's a longer term bottom, shorting from here would not be a good idea imo.
View attachment 244844
View attachment 244845

Man, those kids be like...

Because in 1994 when Pulp Fiction came out, gold was what, $400 per oz?

Sheeet.