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woolsock1

03/05/15 1:07 PM

#19343 RE: abc1938 #19342

Yeah we had hit as high as 1208 earlier with ECB conference. What's causing the pressure on gold today? down to 1196. Is it purely a strong dollar play? People becoming concerned about fed raising interest rates (what's new with this today?)
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keyotee

03/05/15 1:08 PM

#19344 RE: abc1938 #19342

Europe news is bad for gold for a while, maybe many months.
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SilverRay

03/05/15 1:54 PM

#19354 RE: abc1938 #19342

I think gold will fluctuate as follows:

1200 -> 1100 -> 1300 -> 1000 -> 1500 -> 1300 -> 1700 -> 1500 -> 2000