RE: Gold rallies now what?

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Gold rallies now what?

in gold •  8 years ago 

Down I expect as usual.

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Haha yes soon

XAUUSD seems to be having trouble getting above 1219. IS it just the American traders shorting it down? I just have a gut feeling that the gold bulls are losing stamina. 1180 didn't look possible at the beginning of the week (to me) , but it sure is looking like that now.

Who knows I am still sticking to 1180 target. Yup gold bulls need to take it higher very soon. They need a close over 1232. I'm giving it another week to play out, if the bulls cannot mount a comeback we will break 1200 quickly

So far you and Curious have been pretty spot on.