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Bullboard - Stock Discussion Forum Signal Gold Inc T.SGNL

Alternate Symbol(s):  SGNLF

Signal Gold Inc. is a Canada-based gold development company. The Company is engaged in advancing the wholly owned Goldboro Project in the Canadian mining jurisdiction of Nova Scotia. The Goldboro Project is an advanced exploration and gold development project located approximately 175 kilometers (km) northeast of the city of Halifax, 60 km southeast of the town of Antigonish, and 1.6 km north... see more

TSX:SGNL - Post Discussion

Signal Gold Inc > Gold Seems To Be On Steroids Today
View:
Post by NLMoose on Feb 24, 2022 2:42pm

Gold Seems To Be On Steroids Today

Earlier today, Gold Futures were trading $60 US per ounce higher.

However, late this afternoon, Gold Futures were trading substantially lower as it plummeted $25 US per ounce lower.

With Gold experiencing sudden gains and than a big plunge, the commodity seems to be on steroids as its not normal for a commodity to have a big gain and plunge on the same day.

If a drug test was given, Gold would definitely test positive.

With that in mind, Gold seems to be on steroids as it had a big gain in the morning, and now its substantially lower which is not normal.

Comment by GrumpyInvestor on Feb 24, 2022 4:00pm
So you just made up a new FUNDAMENTAL LAW OF GOLD TRADING stating that a gold trading should never reverse itself during a trading session ! Please go take a look at todays graphs for oil, Nasdaq, DOW, etc.  You will see major reversals for each one.  If you can't understand why today's trading is a little volatile after watching the news, maybe you should be the one taking ...more  
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