Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: Gold
In Response To: Re: Gold ()

Amazing! 1401 happen after few hours of my post ( I had 1401 for May 3). 1358 is 1.618 on the daily and the low so far is 1355.3. No way to even try to predict where it will stop but if 1358 does not hold, 1255, 1190 and 1087 are next. 1087 is 2.618% ( for 1087 the time is in November 13/13) - If people's panic escalate dumping the stuff, it could very well go there sooner than that.... interesting times......

Currencies have the same fate....right now they are holding well, but, for how long?....... maybe before the end of the year? Will see, in due time the market will show us the way........

g