Gold

[Jog On]

It will be interesting to see if it breaks $1800 before the NY session and the Bernanke. I'd like to see $1800 acting as support prior and lock in profits at about $1780ish - maybe a few $ below around 1777

Go on gold bulls - puuuuush!!

[TimberWolf]

It will be interesting to see if it breaks $1800 before the NY session and the Bernanke. I'd like to see $1800 acting as support prior and lock in profits at about $1780ish - maybe a few $ below around 1777

Go on gold bulls - puuuuush!!

How many people already know what Bernanke is going to say I wonder? Or the figures he's about to reveal.

[AtW]

How many people already know what Bernanke is going to say I wonder?

I've got final draft of his speech in front of me.

Executive summary is: blah blah blah.

[TimberWolf]

I've got final draft of his speech in front of me.

Executive summary is: blah blah blah.

Thanks, I suspected as much. Second question, how come 'banker' is in his name? The remaining two letters 'ne' are phonetically "any"

[TimberWolf]

Place your bets on where gold is going to go. Spiked initially after speech, now seems to be heading south.

[TimberWolf]

Place your bets on where gold is going to go. Spiked initially after speech, now seems to be heading south.

Edit: Technical analysis would be acceptable in place of guesswork too

[Jog On]

Place your bets on where gold is going to go. Spiked initially after speech, now seems to be heading south.

Looks a bit confused - it's like the market doesn't buy what Bernanke's saying..

[DaveB]

Place your bets on where gold is going to go. Spiked initially after speech, now seems to be heading south.

Was going up as people took a punt on what he was going to say, expecting it to be dire and drive the price up. It wasn't and now they are getting out again.

[Jog On]

Edit: Technical analysis would be acceptable in place of guesswork too

Wholeheartedly agree

I really want to see a break of $1800

Might day trade it on Monday

[TimberWolf]

Gold is looking like a lost sheep at the moment. Maybe waiting for some proper news.