For anyone who thinks buying gold now is a bad idea

[TimberWolf]

https://www.tescogoldexchange.com/

Every little helps!

Who wouldn't buy it for £19,080.00/kg for 22 Caret that Tesco quote? Bullion vault is quoting £28,970/kg for pure gold. Does it cost 40% of the price to refine it that extra 9%?

That's last year's prices

[AtW]

Ah, so even in gold Tesco somehow found "cheap" tulip quality stuff that isn't the real deal...

[Jog On]

Gold looks ready for a price correction to me MIght be worth waiting a bit before buying..

[DimPrawn]

I buy at points using the slow stochastic oscillator as a signal for oversold.

[TimberWolf]

I buy at points using the slow stochastic oscillator as a signal for oversold.

You mean on dips?

[DimPrawn]

You mean on dips?

If you want to be technical, yes, on dips.

[Jog On]

I buy at points using the slow stochastic oscillator as a signal for oversold.

If that head & shoulders/triple top and MACD divergence are anything to go by a break of the trendline/neckline could cause a bit of short term selling. Could be a nice short, but would be against the uptrend though..

Ideally I'd like to short it if it breaks to the downside then take profits and go long when (if!) it resumes the uptrend

For now I'm going to wait and see. I think buying with that chart pattern and divergence is asking for trouble.

[milanbenes]

Helicopter Ben is hinting at QE III

I'll put my neck on the line,

and dip in au is tree shaking to remove the weak

until the world fundamentals consistently begin to turn blue with a sustainable blueness, au is going nowhere but remaining strong and growing

that's my view

still makes I laugh, when Benes Invoicing Ltd guided by quality research began moving into AU in late 2005 and discussing it on here, you lot laughed

Milan.

[TimberWolf]

Helicopter Ben is hinting at QE III

I'll put my neck on the line,

and dip in au is tree shaking to remove the weak

until the world fundamentals consistently begin to turn blue with a sustainable blueness, au is going nowhere but remaining strong and growing

that's my view

still makes I laugh, when Benes Invoicing Ltd guided by quality research began moving into AU in late 2005 and discussing it on here, you lot laughed

Milan.

lAUghed

[DimPrawn]

Helicopter Ben is hinting at QE III

I'll put my neck on the line,

and dip in au is tree shaking to remove the weak

until the world fundamentals consistently begin to turn blue with a sustainable blueness, au is going nowhere but remaining strong and growing

that's my view

still makes I laugh, when Benes Invoicing Ltd guided by quality research began moving into AU in late 2005 and discussing it on here, you lot laughed

Milan.

How much wonga you got in shiny gold, and is it paper gold or real gold under the bed?