Sorry this might sound crazy...but i expect GOLD to hit somewhere around 1274$.... This is based from the initial run to 733.40 and then the retrace to 546.86. The initial target of 819.00 has been reached based on this run... The next target is 997.28$ per ounce.... Finally the expanded target is ...yes... 1274.80$......I'm a trader, I can't win on every trade..but this is what the chart is saying...For the confirmation of the strong trend, stochs is still in over bought levels.....

So lets see if im right or left

Btw, this is using the monthly chart....using FIB expansion

No you're not crazy GOLD is going higher as long as the USD falls GOLD is going up. GOLD is one of the best things that you can own. Short term its rather overbought but medium term and long term this is definitely going up. Besides the Euro (for liquidity) I like the commodity space more than stocks. Especially soft commodities will do well like wheat, sugar etc....

Bakit walang platinum or palladium? hehe

Because its E-X-P-E-N-S-I-V-E. Not that Gold isn't but gold is more convertible than platinum.

paano bumili ng ginto?

or pagtyagaan ang mgA mining companies sa PSE?

QUOTE:
Because its E-X-P-E-N-S-I-V-E. Not that Gold isn't but gold is more convertible than platinum.

Gagawin ko lang pang accent sa auto detailing.