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Gold: What will happen first, or at all?
1750 before we see 1450
 
 22%
1450 before 1750
 
 22%
Below 1400 this year
 
 14%
Above 1800 this year
 
 41%
View Poll..
This thread was started in response to the Poll:

Is gold's secular bull market about to end?

Gold could well be completing its first losing year since 2000. The yellow metal is no longer advancing on Eurozone woes, while rallying hesistantly during any hints of QE3. Is gold's secular bull market about to end?
 
panchoportugal
Lima, Peru
Posts: 1
2 years ago
Dec 8, 2012 1:59
VOTE:1750 before we see 1450

q 3 second round on the way
najam
lahore, Pakistan
Posts: 1
2 years ago
Dec 4, 2012 3:38
VOTE:Below 1400 this year

2013 year i see gold near 1356
Freddy
Mertert, Luxembourg
Posts: 1
2 years ago
Nov 9, 2012 13:55
VOTE:Above 1800 this year

Seasonally this is a very strong time of the year, election is over and QE is continuing. A meltdown in the S and P will slow it down, but not stop it.
Sahid
fjord realm, France
Posts: 464
2 years ago
Nov 3, 2012 14:28
gold at 1677 is marking a support for rebound toward the MM10 at 1682 to head up the 1700 mark level.
there is still some downside on gold for the coming week where it will gain its support for rebound at the 1750 mark. the reading of two hours charts is showing the same downtrend after this week rebound. my objective of 1670 is reached last friday and i revised to the down side 1750 my projections.
Sahid
fjord realm, France
Posts: 464
2 years ago
Oct 26, 2012 9:01
groove
if sp hasnt reached yet the support of 1397 or maybe the support is for 1404, change your strategy by going long sp and eurodollar. if for the moment Banking union is at the helm of the discussion then might come the capital replenishment that is bullish for euro on a fundamental basis.
as for gold the reach of 1700 and below might signal dome further selling pressure but it intends to go up in the coming weeks. at 1900 we have a double top. at this stage the rsi might shownot a higher high while the market might break above the 1900 level to 1923.
groove
london, UK
Posts: 5
2 years ago
Oct 25, 2012 23:08
amateur observation. crude on a monthly chart looks like upside since financial crises was nothing more than a prolonged correction before it carries on down. I was an oil bug but the chart speaks for itself. Now I am definitely not a gold bug so I look at gold from a relatively neutral perspective and a little thought at the back of my head keeps saying if gold can't go up in the build up never mind after a dovish fomc whats it going to do on a bad day. Silver has stolen all the gold bugs which is hardly surprising as silver only has to move thirty odd cents for 1% compared to 17 dollars.
The reason for this is it looks to me that in trying to prevent a bad recession for a couple of years Ben Bernanke has got his come uppance at last and his QE (TITANIC) strategy is about to kill the market. BUYING UP BONDS REDUCES LIQUIDITY and benny boy has been buying one too many.
THAT IN MIND BEFORE YOU SELL ANYTHING SOME FEEDBACK ON MY TRADING STRATEGY WOULD BE APPRECIATED.
BUY GOLD - SELL STOCKS (WAS THE OPPOSITE TILL A COUPLE OF WEEKS AGO)
AND FOR ALL YOU GOLDBUGS
BUY SILVER - SELL GOLD TILL GOLD 1800 (IF IT EVER HAPPENS AGAIN) THEN FLIP THEM ROUND
Sahid
fjord realm, France
Posts: 464
2 years ago
Oct 17, 2012 20:58
gold will full blow as safe haven in 2013 after correcting from the 1900 level.
all the inflationnary policy will create loss of value in currency, a near currency war that will propell the value of gold to its all time high. a dislocation can be overseen with eurodollars.
Sahid
fjord realm, France
Posts: 464
2 years ago
Oct 17, 2012 20:55
2500 end 2013
RF Global Macro
California, United States
Posted Anonymously
2 years ago
Oct 4, 2012 0:10
VOTE:Above 1800 this year

Trend. Exhibits Strength in European Sessions. Technically very strong. Only a Romney Victory and a new Fed would change my vote
groove
london, UK
Posts: 5
2 years ago
Oct 2, 2012 9:19
consumerism can have a powerful deflationary effect. If you look at LCD tv prices, cars, all the things we like to have are constantly manufactured at a quicker rate than can be consumed. Add in whats happening in India where a growing Indian middle class whose taste is alot more refined than just wanting a bit of shiny metal as a gift and you have to face the reality of there is only so much people are prepared to pay for things.
Gold mathmatically looks difficult to invest at these levels (17 dollar gain for 1%) hence such high interest in silver which is why I feel at best gold can plateau or be range (this years) bound but were it not to finish above January high 1762 we could see gold below 1525 next year.
It would make a fine indicator of how naive bernanke is as we are faced to confront the fact that to prevent a 3 - 5 year recession you have to create another great depression