Gold Price - Where is it heading?

[Garpal Gumnut]

It's been a stunning bounce. Not a higher high or higher low in sight. Just straight back up...

Indeed it seems to be heading up. I thought we'd get a retracement yesterday and the market was closed before I was comfortable. This morning I put in a limit order for PMGOLD but it kept on going up so I just bought at market.

Them's the breaks.

FOMO rules for me !! If it goes to crap I'll think up another excuse to rationalise my disordered decisions !!

gg

 

[greggles]

It's been a stunning bounce. Not a higher high or higher low in sight. Just straight back up...

Gold bouncing back nicely but silver not doing as well and looking like it might be in for some bearish price action in the short term. Any gains have been met with strong and consistent selling. One step forward and then two steps back. Silver just can't get any traction. It's Friday so that means it's probably another silver sell off day on US markets.

 

[qldfrog]

Gold bouncing back nicely but silver not doing as well and looking like it might be in for some bearish price action in the short term. Any gains have been met with strong and consistent selling. One step forward and then two steps back. Silver just can't get any traction. It's Friday so that means it's probably another silver sell off day on US markets.

My SL triggered on my reentry silver indeed but reentry gold cruising