This is a great place to long Gold. Hedge against inflation. Both inflation and gold will start moving up from here
Large TV deals are on the way but there will be negotiation, no one wants to overpay for the wrestling audience How much more good news can come out? Stock price risk of a move towards the averages, could be a smackdown Wells Fargo analyst raises price target to $75, another sign to get away
One of the last opportunities to buy gold below 1300
Market opens and gold heads to 1350, couple days late.
We are experiencing the same pattern as before. Prediction is another leg up!
Every time there is an inflation indicator we get action in Gold. This time it sends it higher, breaking resistance and bringing it into the high 1300s. 1392 - 1419 will be the range one day
The trend continues down, this is a peak
I expect gold in the fifties before we go back into the 20's
Another morning drip before the ny market opens. Buy opportunity An uptick in wage growth can not send gold off the current trend which is up!
The pace has slowed for gold but next time it breaks above 1348 I expect it will go right through the 50's and into the 60's This chart shows the smooth and steady rise, comforting as many days in the gold market seem volatile
Gold has strong support and will continue to move higher and settle into 1370 - 1390 range
Looks like gold will continue to trend higher into the 70's by tomorrow