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Gold is up +17.00 @ 8:20 Sunday evening

Is Monday going to be another crazy day, or will things eventually settle down ?

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    OverdateOverdate Posts: 7,314 ✭✭✭✭✭
    Yes. image

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    derrybderryb Posts: 38,586 ✭✭✭✭✭
    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.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

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    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: 28,374 ✭✭✭✭✭
    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
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    mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    $1457.50
    image

    $24.90
    image



    image

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    CaptHenwayCaptHenway Posts: 34,006 ✭✭✭✭✭
    Splunge
    Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
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    roadrunnerroadrunner Posts: 28,374 ✭✭✭✭✭
    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: 11,375 ✭✭✭✭
    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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