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Re: A lot of volatility in Gold today...

By: Decomposed in ROUND | Recommend this post (0)
Wed, 01 Jun 11 7:01 PM | 101 view(s)
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Msg. 33211 of 45510
(This msg. is a reply to 33207 by Decomposed)

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Gold is now $1,549/oz. Wow. That was a fast runup!

It will DEFINITELY meet resistance. But there's a real chance of cracking the $1,550 barrier this afternoon.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




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The above is a reply to the following message:
Re: A lot of volatility in Gold today...
By: Decomposed
in ROUND
Wed, 01 Jun 11 6:35 PM
Msg. 33207 of 45510

re: "but I think it is on the verge of breaking loose... today... tomorrow."

That was written yesterday. Now it's a day later. And no, this isn't a breakout. Not yet - but it's something. It might be the START of a breakout. We'll know whether it is something significant at $1,550/oz.

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