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S W
Member since May 2012
668 commentaries - 5 followers

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has posted a comment on the article :

FOMC And Jobs Report: Are Gold Investors Prepared? - Stewart Thomson - Graceland Update

Let me just check my gold price ???
In solid downtrend since 21 feb
Need $USD to go down before it goes above daily trend line
Needs close> $1376 before it is a buy because anything less than that is pure conjecture.

Commented 1964 days ago

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Beginning of the headline :Gold stocks tend to become extraordinarily volatile during weeks that feature multiple key fear trade events. As the month of May begins, gold stocks are faced with a FOMC meeting and the US jobs report. This is the daily gold chart. Gold itself is quite stable ahead of these key events, in part because of steady physical market demand for India’s Akha Teej prosperity festival. All gold market investors should consider owning at least some physical gold bullion, even if it’s a token amou... Read More

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