Gold Monitoring Thread £ GBP only

[Miganto]

1 hour ago, HighlandTiger said:

Gold in USD has risen 1.2% over the last 24 hours, 1.6% in GBP

This may be so, however at the time of writing what I said was true and the 0.3-0.6% rebound also happened in the early evening due to the pound recovery.

Context and timing are key! For instance if I were to quote you and tell you the facts right now, it's gone down 0.03% in the lat 24 hours!

[silvernewbie]

Price over next weeks/months/ up or down?

[Notafront4adragon]

14 minutes ago, silvernewbie said:

Price over next weeks/months/ up or down?

All of the above 

[HawkHybrid]

1 hour ago, silvernewbie said:

Price over next weeks/months/ up or down?

 

https://thesilverforum.com/topic/25363-my-take-on-gold-short-term-trend-graphic/

 

I'm currently waiting to see if gold is going to

get to ~$1415 this winter.

 

HH

Edited October 9, 2019 by HawkHybrid

[sovereignsteve]

5 hours ago, Notafront4adragon said:

All of the above 

but not necessarily in that order😉

[silvernewbie]

A nice retrace today a few more of these and i will be filling my boots!

[silvernewbie]

CRASH CONTINUES

[Miganto]

It's still mostly the value of the pound increasing 😊

[RoughDog]

1 minute ago, Miganto said:

It's still mostly the value of the pound increasing 😊

Or is it the Dollar decreasing 😉

[AurumArgenti]

Currently at £1,169.76  1 Oz, how low can she go?

[TheGeneral]

Lower I hope 🤞🏻

[AurumArgenti]

16 minutes ago, TheGeneral said:

Lower I hope 🤞🏻

It's still falling....£ 1163.89 😬

Edited October 11, 2019 by AurumArgenti

[QStack]

i hope it keeps going - then a bit of gold shopping this weekend

[JunkBond]

Sub £1000 and my wallet is coming out again. 👍

[goluckystayhappy]

Very unlikely imho.

You would think the brexit deal is all signed and gone through Parliament given the recent increase in the £.

[AurumArgenti]

4 minutes ago, JunkBond said:

Sub £1000 and my wallet is coming out again. 👍

Can't see it. The world's a mess.

[JunkBond]

No worse than earlier in the year when it was. 🤔

[goldmember44]

Well, this is turning into the buying opportunity of the century. Load up before end of October, preferably before the EU summit, or during, if it is choppy when they are negotiating.

Anyway I can't share their optimism for a Brexit deal at this stage. I think Boris is bluffing and Varadkar fell for it... he is buying time, of course, and doesn't want his parliamentary opponents to think no-deal is a strong possibility when we have still a few weeks left, and they could potentially wreck his plans if they knew what it was. So... he's been very clever and mislead Varadkar who will in turn influence the EU to be complacent. We will see  Boris is smart...

Edited October 11, 2019 by goldmember44

[silvernewbie]

Wouldnt be buying this weekend still lots of room for drops next week

[AurumArgenti]

21 minutes ago, JunkBond said:

No worse than earlier in the year when it was. 🤔

I respectfully beg to differ but everyone entitled to their own opinion. 👍🙂

[JunkBond]

I guess if you are a Syrian Kurd then things are a bit iffy. 😉

[AurumArgenti]

 

 

[Xander]

6 hours ago, AurumArgenti said:

The world's a mess.

When has the world never been in a mess?😊

Edited October 11, 2019 by Xander

[Kookaburracollector]

Just wondering ...How many people who follow this gold monitoring thread, actually trade on the price of gold to earn / lose money? I.e. HAVE SKIN IN THE GAME..not just opinion!

 I trade gold ETF’s as a swing trader, as opposed to day, and have had a very ‘interesting’ quarter (+66%)...I use technicals, Elliot wave (sometimes), RSI, MACD, FIBS, BOLS etc ....but primarily am driven by fundamentals and sentiment...I find people I trust (Greg Mannarino, Eric Sprott, Hantec Markets) and act accordingly. Just curious, as I am always open to ideas that work / make me money. Who do you use  that helps...?

“The best thing a human being can do is to help another human being know more”  Charlie Munger

[AurumArgenti]

I was slightly terrified and excited when I got a notification that the gold price dropped to a low of £1,155.10. 😅