Thursday, September 3, 2009

Gold: BOOM Goes the Dynamite

(click to enlarge)


  1. Passes it to the man, and . . . Boom Goes the Dynamite.

  2. looks like it's "420 time" for silver as well, lol.

  3. How could I not post this?

    Thanks for that look into sports, Brian

  4. 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.

  5. @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.

  6. 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?