Gold at 650 - 01-26-2007

Discussion in 'Commodity Futures' started by polpolik, Jan 25, 2007.

  1. Doesn't appear that 550 is on the cards any time soon!
     
    #11     Jan 31, 2007
  2. I am in the camp who thinks that GC will never be cheaper.
     
    #12     Jan 31, 2007
  3. Not in the next 60 minutes no..
    My time frame is 6-8 weeks..and I WILL buy the futures if it breaks a targeted level...
    and I'm doing it very cheaply...$175/option is bubkis..
     
    #13     Jan 31, 2007
  4. Well, I hope it works out for ya!
     
    #14     Jan 31, 2007
  5. spot gold high this am approx. $661

    spot silver high this am approx $ 13.77
     
    #15     Feb 1, 2007
  6. Ouch...so far so wrong...
    Good thing I bought just above the swing high, and already sold out, so I have a free options trade now...
     
    #16     Feb 1, 2007
  7. If my Dollar Bullish scenario holds, we should see DX hold 84.00 area...
    Personal savings at the lowest level since 1929...
    Fed should be hiking rates here but they are scared shitless...not a good sign...
     
    #17     Feb 1, 2007
  8. Looks like gold might be testing the 610 level sooner than later. The doji star still working its magic so far unless gold closes above 670.
     
    #18     Feb 2, 2007
  9. #19     Feb 2, 2007