Gold

Could Dow get to 14198 at about the same time Gold gets to 1525 and then we would have nice trades.

Also look at silver mining- AGQ around the 10-11p support from memory is a good one to get if it gets dragged down with silver price.
G

The $26 is really strong support. I am looking to go long there.
If that goes, then your $20 defo comes into play. I think something spectacular would have to happen to break that 26 support.
But never say never!
Gold I think 1525 is back on the cards based on last weeks action.
Watch the dollar, cause if dollar gains strength, then commodities normally pull back.
The $78.50 area on the dollar is key support.

Gee

Forgot to add - the flip side of this = bullish outlook for equities?

I was looking at Gold & Silver last night and they both look pretty bearish. I didn't save the gold chart but silver is below:


dl.dropbox.com/u/24866576/February%20201...RS%20150213%20wk.gif

Wouldn't be surprised to see $19.50 an ounce to be honest! Might be enough of a reduction to allow me to buy one of these!

Enjoy the weekend all,
M.

fresnilo, rrs, pog all going down with this.

i am waiting to make a move on Fresnilo and will wait for the right time.

Gold is cyclical so its a matter of time i guess