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Gold is up +17.00 @ 8:20 Sunday evening

ExodusExodus Posts: 348 ✭✭✭
Is Monday going to be another crazy day, or will things eventually settle down ?

Comments

  • OverdateOverdate Posts: 7,008 ✭✭✭✭✭
    Yes. image

    My Adolph A. Weinman signature :)

  • derrybderryb Posts: 36,837 ✭✭✭✭✭
    I would prefer they settle "up."
    I expect monday US trading to be a bit exciting. Just not sure which crowd will be the most excited. I suspect the panic selling and hedge fund panic shorting will subside.

    Natural forces of supply and demand are the best regulators on earth.

  • mariner67mariner67 Posts: 2,746 ✭✭✭
    No one really knows.
    All just guesses, I guess!
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
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  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    All of the +$17 has already been given back by 9:40 PM Sunday. Silver is threatening to take out $25.00. It will be an interesting next couple of days.

    Oops, now $1449 at 9:47. Heavy volume on the selling side and much smaller buying volume tonight indicates deeper to go. Silver already hit the $24.70's.

    $1450 round number may hold. It's also a 38% fib retrace of the move from $681 to $1923. $1444 is a square of 38. Should get some type of support in this area as it was a
    first target. But, for how long?
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    $1457.50
    image

    $24.90
    image



    image

  • CaptHenwayCaptHenway Posts: 32,173 ✭✭✭✭✭
    Splunge
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    New lows of $1425 / $24.06. Gold to Silver ratio of 59.4.

    When they pushed gold under $1453 they created a gap. I suspect we'll see that gap filled by morning.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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  • AnkurJAnkurJ Posts: 11,370 ✭✭✭✭
    I think if gold hits $1400, its not a good sign in my opinion.
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
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