Jump to content



Photo

They are working hard to smack gold down


  • Please log in to reply
3 replies to this topic

#1 nimblebear

nimblebear

    Welcome to the Dark Side !

  • Traders-Talk User
  • 6,062 posts

Posted 09 April 2007 - 12:50 PM

Now back to near 671. Somebody doesn't want this to go higher. It was on nice upward trend until noon, even with oil down.
OTIS.

#2 Russ

Russ

    Member

  • Traders-Talk User
  • 7,199 posts

Posted 09 April 2007 - 01:31 PM

xau running into late feb gap.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#3 johngeorge

johngeorge

    Member

  • TT Member+
  • 4,616 posts

Posted 09 April 2007 - 02:44 PM

nimble one

I cant help but think pm's and pm stocks are headed lower, following the overall market, in the shorter term based on seasonal patterns.

Best to you





Posted ImagePosted ImagePosted ImagePosted ImageName:
Period:
Data:
Method:
Source:
Gold
19710104 - 20060210
Spot Prices
Growth
Bridge

We accept no responsibility for the accuracy of information.
Peace
johngeorge

#4 skott

skott

    Member

  • Traders-Talk User
  • 4,712 posts

Posted 09 April 2007 - 04:39 PM

why do you say they are working hard? volume is pitifully low and has been so on the rise from the crash in feb. if anything "they" have been propping it up for awhile. It was down last night, rebounded this morning and then sold off....... all in a range of $7 that's nothing