Or maybe , charts are worthless , just ask the FED who prints out of thin air $8trillion in free $$ so no one has had to pay for any of the free $$$ handouts everyone and everything in the world has been existing on!! Sure wheelbarrows are still cheap !!
i trade the markets. I make long term bets and I buy physical when the price is at value which is 1950 low-end -2100 high-end
charts say it is too expensive.
look at the gold chart for 1980,83,88,2008,2011 and 2021. all had pull backs, some were severe.
i understand if you don't understand markets, it seems like magic to ya.
it can go to 2500 but ultimately it will pull back to 2100 before it jumps again
Please link your prediction of $2300 gold by April 1 and then we'll believe you.
Please link your prediction of $2300 gold by April 1 and then we'll believe you.
any amount over 2100 makes gold too expensive to buy physical. it is best to park money where else until gold drops to its fair value and it always does.
i know it is hard for most retailers to understand these simple trading concepts
i trade the markets. I make long term bets and I buy physical when the price is at value which is 1950 low-end -2100 high-end
charts say it is too expensive.
look at the gold chart for 1980,83,88,2008,2011 and 2021. all had pull backs, some were severe.
i understand if you don't understand markets, it seems like magic to ya.
it can go to 2500 but ultimately it will pull back to 2100 before it jumps again
Were communist destroying America from within with inflation then too as an accurate comparison. Just wondering.
there was no global catalyst to drive up the price that high besides some euphoria in the asian markets. we already knew fed was planning to do 3 rate cuts this year. plus the gold price is around 1000$ more than the cost to mine it. that is a pretty high margin, so it is a bad deal
any amount over 2100 makes gold too expensive to buy physical. it is best to park money where else until gold drops to its fair value and it always does.
i know it is hard for most retailers to understand these simple trading concepts
Hmm, it's rather hard to determine gold's fair value. But in past gold bull markets gold has gone up 7-800%, even more. If we take 2015 as the start at around $1000, it's got a long way to go.
I also think it'll retest $2150 at least, so if that's your point I agree.
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charts say it is too expensive.
look at the gold chart for 1980,83,88,2008,2011 and 2021. all had pull backs, some were severe.
i understand if you don't understand markets, it seems like magic to ya.
it can go to 2500 but ultimately it will pull back to 2100 before it jumps again
any amount over 2100 makes gold too expensive to buy physical. it is best to park money where else until gold drops to its fair value and it always does.
i know it is hard for most retailers to understand these simple trading concepts
charts say it is too expensive.
look at the gold chart for 1980,83,88,2008,2011 and 2021. all had pull backs, some were severe.
i understand if you don't understand markets, it seems like magic to ya.
it can go to 2500 but ultimately it will pull back to 2100 before it jumps again
Were communist destroying America from within with inflation then too as an accurate comparison. Just wondering.
Sign up for a Slickdeals account to remove this ad.
i know it is hard for most retailers to understand these simple trading concepts
I also think it'll retest $2150 at least, so if that's your point I agree.