Gold @ $1,528

[Brian4Liberty]

Trump orders strike killing Iranian Revolutionary Guard Quds General in Iraq planning attacks . Something like that ?

I was thinking more about the price of gold jumping today... up $22 at the moment.

 

[oyarde]

At 1550 I get out my old bag of scalps and my gold studded tomahawk and do a little dance .

 

[Warlord]

1,549.22

One more push. Nearly there.

 

[mrsat_98]

It's neem past 1550.00 three times in the last twenty minutes.
1550.25 currently.

1552.81

 

[oyarde]

1549.9

 

[Warlord]

[FONT=&quot]1,553.05[/FONT]
[FONT=&quot][/FONT]​

resistance broken. The only way is up now.

[FONT=&quot]
[/FONT]​

 

[mrsat_98]

[FONT=&]
[/FONT]

[FONT="][COLOR=#000000]1,553.05[/COLOR][/FONT][/COLOR]
[COLOR=#333333][FONT="][/FONT]​

resistance broken. The only way is up now.

[FONT="]
[/FONT]​

1546.89

 

[Warlord]

1546.89

The high is all that counts. I expect it to fall a bit but i also expect it to climb back over the coming weeks.

 

[oyarde]

1552 , we are rolling now .

 

[Zippyjuan]

1552 , we are rolling now .

Potentially starting a war doesn't hurt the price of gold.

 

[oyarde]

Potentially starting a war doesn't hurt the price of gold.

I think oil will start to go up Mon .

 

[Warlord]

Closed above $1550

The next resistance point looking at the charts is going to be 1606 back in 2013. We could be heading in that direction.

 

[Zippyjuan]

I think oil will start to go up Mon .

Oil already had a small price spike right after the US attack.

https://www.cnbc.com/2020/01/03/spi...nd-thats-why-the-stock-market-is-on-edge.html

Spiking oil prices have led to recessions in the past, and that’s why the stock market is on edge

The latest flare-up in U.S.-Iran relations could bring about the end of the longest bull market ever if crude prices keep surging, slowing an already fragile global economy even further.

But investors cautioned we’re not yet at that point.

The last three U.S. recessions all came after a sharp increase in oil prices. Between July and October of 1990, crude shot up nearly 135%. The U.S. economy then entered a recession that lasted until 1991. Crude more than doubled between 1999 and 2000 before the economy fell into a recession in 2001. Oil also shot up more than 96% from its 2007 low into early 2008, just before the most recent U.S. recession.

Crude prices shot up as much as 4.8% on Friday after the U.S. killed Gen. Qasem Soleimani, a top Iranian military leader, as worries that an escalation between the two countries could batter the Middle East region and the global oil supply. Oil later gave up some of those gains to trade around 3.3% higher at $63.18 per barrel. Crude is still up more than 20% from its low around $51 in October.

The ramifications of a sustained crude price surge could be even bigger than a disruption in oil supply if a recession ensues.

 

[Madison320]

I can see gold going up to its all time high's of $1800. If you look at the chart its now on an upward trajectory and may be heading to its 2012 all time high.

I'm definitely in the market for gold atm.

There's 4.2 trillion (and rapidly rising) reasons why gold is going a lot higher.

 

[oyarde]

I think there should be potential for 2K

 

[Madison320]

I think there should be potential for 2K

It's eventually going a lot higher than that based on the amount of money that's been printed. Gold and most other prices have a lot of catching up to do.

 

[oyarde]

So far , Gold has been as high as 1587.50 tonight . Celebrating the Vikings win .

 

[oyarde]

Should be looking at 1600 soon I reckon.

 

[Warlord]

Should be looking at 1600 soon I reckon.

1,574.29

Up 3.5% in London trading. Next target is indeed $1600 or so.

 

[mrsat_98]

1574.69