Buying GOLD

Discussion in 'Commodity Futures' started by RainMaker3000, Oct 3, 2019.

  1. Buying Gold before the non-farm numbers come out...$1530 after the numbers come out! nothing is 100 percent but the stars have lined up for a buy!
     
  2. LanceJ

    LanceJ

    The price action from monday and tuesday looks like a shake out as of now.
    The upper part of the channel that the price went back into is around 1575
    I also think that if 1525 proves to be impenetrable, tuesdays lows will be busted
     
  3. I'm looking more at a fundamental catalyst rather than a TA one.... I think there will be migration into gold over the next year because of the uncertainty of an election year.
     
  4. LanceJ

    LanceJ

    right, like the fed printing dollars and pumping them into the money market.
     


  5. This is for all of you who trust in GOD and bought GOLD...
     
  6. Imagine... some people like that.
     
  7. Indeed
     
  8. padutrader

    padutrader

    what if Trump gives a lot of sweeteners to the voters to get re elected......will that enthuse the markets?
     
    Last edited: Oct 4, 2019
  9. padutrader

    padutrader

    liquidity inflates all assets.....
     
  10. LanceJ

    LanceJ

    Seems as if the cure for the illness is more poison. (LVM)
    If gold rises with inflation, then fundamentally shouldn't the Bulls be on cruise control. Trump re-election is already priced in, surprise not re-elected will be the catalyst
     
    #10     Oct 4, 2019