RE:RE:RE:RE:50 cents today.crazytimes wrote: My gut tells me the big boys are fading this gold rise right now but no way to be sure. If this does whipsaw back then it's like the whole metals market is now trading like a penny stock. lol. If gold can hold the gains and keeps going this week maybe, just maybe we have seen the bottom put in the gold market.Even though technically it looks like a breakout, I don't really the way it did it. Would of preferred a jump on a drop in inflation, or something? I am 55/45 gold pulls back by the end of the week, not sure enough to sell into it and not confident enough to buy more. Unfortunately I am just a spectator right now. Just my opinion. Would appreciate anyone elses take on the gold move last couple of days. Good luck to everyone.
I don't think it will hold....Gold is a strange lady to trade