TSXV:AUN.H - Post by User
Comment by
Negotia8er2on Nov 11, 2011 6:45pm
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Post# 19231485
RE: RE: Postive aspects to the PP
RE: RE: Postive aspects to the PPInteresting article related on survey and forecast on Gold next week... and you know if Gold Goes up Silver will follow!
Traders bullish on gold price
2011-NOV-11
Gold and silver prices struggled yesterday, as traders sold commodities and the dollar strengthened against the euro. Though for the moment gold remains pinned below resistance at $1,800 per ounce, a new survey from Bloomberg shows 21 of 22 gold traders and analysts expect Comex gold prices to rise in the next week – the highest bullish proportion in such a survey since April 2004. This gold survey has forecast prices accurately in 223 of 387 weeks – which is just 58% of the time – but such strong bullishness among the respondents relative to the norm perhaps indicates good short-term prospects for the yellow metal.
https://www.goldmoney.com/gold-research/newsdesk/traders-bullish-on-gold-price.html
Get ready for the Big Bang Folks!!!
Negotia8er2