It would be interesting (and possibly a small sign of health)
for gold to decouple from stocks at this point. Sure hasn't been
doing that in the past, but who knows. I've stopped being surprised
at what the markets can do. It's also possible that we have gold
fakeout and a dollar breakout, and then a reversal in gold as
soon as excited speculators and traders come in, or perhaps right
after the dollar breaks out decisively, or perhaps after the market
loses key trendlines, or both. Who knows. We'll see what happens.
It'll be interesting for sure.
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Gold Futures
Posted by steve on 2nd of Sep 2009 at 09:39 am
Key Daily Target/Resistance comes in at 971-974 area. Should this area be decisively broken, it will open up the pathway to a bigger rally.
Gold future symbol.
Posted by piclez on 2nd of Sep 2009 at 03:11 pm
Steve, what's gold futures symbol (TOS) please?
Thanks,
Peter
GCV 9
Posted by ditch on 2nd of Sep 2009 at 03:19 pm
futures symbol GVC 9
and YG
Posted by matt on 2nd of Sep 2009 at 03:23 pm
and YG
Is it possible that P.M.
Posted by jajajaj on 2nd of Sep 2009 at 10:12 am
Is it possible that P.M. could become the safe haven instead of the dollar/treasuries
It would be interesting (and
Posted by user32 on 2nd of Sep 2009 at 09:53 am
It would be interesting (and possibly a small sign of health) for gold to decouple from stocks at this point. Sure hasn't been doing that in the past, but who knows. I've stopped being surprised at what the markets can do. It's also possible that we have gold fakeout and a dollar breakout, and then a reversal in gold as soon as excited speculators and traders come in, or perhaps right after the dollar breaks out decisively, or perhaps after the market loses key trendlines, or both. Who knows. We'll see what happens. It'll be interesting for sure.