Gold Price - Where is it heading?

[rcw1]

wow ... the power of gold... bloody marvelous and some

 

[Sean K]

That line across 2720 is causing trouble.

It seems those lines are clearly broken.

 

[rcw1]

It seems those lines are clearly broken.

obliterated ...

 

[Garpal Gumnut]

It seems those lines are clearly broken.

6 months to make hay? Keeps on getting pushed back. Topping targets on S&P500, DJIA, Russell Index, Gold (US$3,400), Silver ($75)

You guys are probably correct…but… it’s only a 10% gain to hit $3000 so when I believe it’s going to smash through there I’ll buy. Risk/reward not there for big bets, gold being one of only 3 things I have big bet on.

I’m not selling what I’ve got but I’m looking at (more hoping for) a retracement close to $2500 or a move higher that has the momentum to carry on to $3500 or higher.

So far the Trump volatility is up. Where are the scary monsters to scare the bejaysus out of everyone piling in to Gold or a move in the $USD to moderate gold ?

gg