Anyone Buying Gold Here

[jkenjohnson]

98% of those who voted on Market Watch are bullish on gold. I believe the SS would consider that as a sell signal if it works for gold and equities?

 

[tsptalk]

Interesting. I thought there was bearish sentiment on gold. Good to know.

 

[nnuut]

No I don't buy GOLD, I'm lucky to be able to buy mixer!

 

[tsptalk]

Gold was down sharply after the jobs report this morning, but it's starting to rebound. The 200-day average has been holding strong since the big move higher a couple of weeks ago. I'm a little concerned about that big open gap, but as long as the 200-day EMA holds, I like gold.

 

[Weather]

I'll add to my position @$123.

 

[tsptalk]

Another day of gold testing the 200-day EMA. So far it has a nice positive reversal bar, but let's see how it closes. It looks like it wants to go higher, but if the 200 EMA fails, it could slam down hard.

 

[tsptalk]

Gold is getting pounded today - down about $30 oz.

The GLD is trying to hang onto the 50-day EMA after holding the 200 EMA for over 3 weeks. A large open gap has been looming near 123.

The GDX miners are down in unison but the bullish chart seems to be trying to hang on...

Interesting situation.

 

[jpcavin]

Interesting strategy
Where Are Prices Heading In Gold And How I Would Trade DUST/NUGT Using The Teeter/Totter Approach - Robert Edwards | Seeking Alpha

 

[tsptalk]

Gold falls, silver drops on dragging oil prices, strong dollar - The Economic Times

 

[MrJohnRoss]

[h=1]Gold Miner ETF Suffers Biggest One-Day Loss in Over a Year[/h]

 

[tsptalk]

Ouch! I didn't even see that yesterday.

 

[bmneveu]

Roughly $1 over spot for an ounce of gold. Doesn't get any cheaper than that. 6 hours left on the sale. Over 2100 purchases in last 24 hours.

1 oz Pamp Suisse Gold Bar New Design in Assay SKU 84698 | eBay