Mira wrote:MightyOne wrote:"Thanks for answering." -Neo88
Same thing we do every night Pinky, try to perma-short gold.
That's a pretty old post.
I told people to sell every new high and they looked at me with their we'tard sheep face shouting for 2000, 5000, $10000 gold; and when a major player stepped in and sold at the price of $1850 it was "guys, they are trying to trick us".
I knew people where bat-sht-crazed when an elderly couple, expecting that I would give them support for being long gold, asked me if I was ready for gold to skyrocket: "No, no I'm not, sell all of your gold right now", You should have seen the look on their faces, it was heartbreaking.
Now with profit taking below and real support at $1200 I can see price going to 1600 over the short-term and even breaking 2000: the base is wide enough for a lot of accumulation to have taken place: