Australian (ASX) Stock Market Forum

Gold Price - Where is it heading?

Someone with a lot of money is screwing with the shorters. :D


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I stayed up trading on the NASDAQ last night/this morning and I believe that move may have been related to a rumour that Trump was about to sack Powell, the head of the Fed. It looked imminent probably engineered by Trump. At the last minute he got the press together and told them Powell was staying. Maybe he hoped he would resign. It affected everything from the AUD/USD to all the currencies particularly USD/JPY. Quite an exciting time with everyone going off as if it was going to happen.

It may be worth while looking at all the moves about that time to try and predict what might happen in the future re rates, gold, bitcoin etc.

Sorry. Just looked at the time on the chart. It was a bit early for a Trump/Powell move I think. I'll hafta check.

gg
 
Golds on the move. Analysed say Bullish in the longer term?

 
Golds on the move. Analysed say Bullish in the longer term?

Forecasts. Smorecasts. I'm sick of them. Let me see the money.

gg
 
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