A good week for the metals, my take: -Gold almost, but could not bust $1000; it's like an invisible wall. -Silver busting past $16 was very important in my view Tomorrow's jobs number is the pivot point I should think.
@gyc: depends on if you're daytrading or in it for a longer timeframe. Ya we might get a pullback tomorrow, depending on some bullshit manipulated Govt crap number, but I bet gold challenges at least $1100 before the Thanksgiving, and the HUI index challenges 500.
Technically it looks as if Gold will at least reach a measuring target of $1300, based on the pattern displayed in the chart. If so, where, as a matter of opinion, do you see the USD being by that stage?
Passes it to the man, and . . . Boom Goes the Dynamite.
ReplyDeletelooks like it's "420 time" for silver as well, lol.
ReplyDeleteHow could I not post this?
ReplyDeletehttp://www.youtube.com/watch?v=W45DRy7M1no
Thanks for that look into sports, Brian
A good week for the metals, my take:
ReplyDelete-Gold almost, but could not bust $1000; it's like an invisible wall.
-Silver busting past $16 was very important in my view
Tomorrow's jobs number is the pivot point I should think.
@gyc: depends on if you're daytrading or in it for a longer timeframe. Ya we might get a pullback tomorrow, depending on some bullshit manipulated Govt crap number, but I bet gold challenges at least $1100 before the Thanksgiving, and the HUI index challenges 500.
ReplyDeleteTechnically it looks as if Gold will at least reach a measuring target of $1300, based on the pattern displayed in the chart. If so, where, as a matter of opinion, do you see the USD being by that stage?
ReplyDelete