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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (115810)11/11/2023 8:51:15 AM
From: Rarebird  Read Replies (2) | Respond to of 116752
 
Bullish or bearish don't mean anything to me. What is your time horizon? What kind of move are you looking for? What price or events would tell you that you were wrong?



To: Real Man who wrote (115810)11/11/2023 9:22:51 AM
From: Rarebird  Read Replies (1) | Respond to of 116752
 
Gold is selling off not primarily because of seasonals, but because the stock market is now in risk on mode. No need of a safe haven for now. However, lower USD and lower yields on the 10 year are bullish for Gold and that will eventually be reflected intermediate term in the POG.