Tuesday, October 21, 2008

$772

Is the re-test support for Gold. We need a strong bounce off this area or we're going back to $740!! :( I'm still leaning towards a quick move to the $830 area though, so we shall see!!

2 comments:

JoeGoog23 said...

We broke support!!! Maybe a quick trap?????

Just when our miners were showing signs of life, we get this pullback!!!!!! WTF?!?!

Latviski said...

Markets are taking no prisoners these days!!!! My account pretty weak looking past couple months, but got too much going on to spend any time worrying about it (thank goodness). May be one of those set it and forget it winter seasons at this pace...

Hope we get some real action in gold soon, and a push back to previous highs. Glanced at some of Cyclists posts late last night - interesting stuff - well, kind of scary stuff, but we should be good long term with our goldies.