Gold Monitoring Thread £ GBP only

[Shinus73]

31 minutes ago, bobski said:

Bob Dylan was a great song writer.

God awful performer though. I don't trust fans of his. I wouldn't want them to make me a sandwich

Knocking up ham and slaw.

[Dankanugget]

Is there a gold pullback coming?

[James32]

Just now, Dankanugget said:

Is there a gold pullback coming?

Nobody knows 😆 

[Dankanugget]

Yes...I understand...tbh I bought for2 yes and never checked any charts and it overall did well.  I'm coming to the understanding that it can become almost crippling to the mind set of looking forward....no fun in constantly pre empting every change in the atmosphere etc...thanks

Edited April 4 by Dankanugget

[James32]

2 minutes ago, Dankanugget said:

Yes...I understand...tbh I bought for2 yes and never checked any charts and it overall did well.  I'm coming to the understanding that it can become almost crippling to the mind set of looking forward....no fun in constantly pre empting every change in the atmosphere etc...thanks

As long as you view it as a longterm hedge, then you will do OK. Things could simmer for years or they could change rapidly like the past two months have shown. 

[Dankanugget]

1 minute ago, James32 said:

As long as you view it as a longterm hedge, then you will do OK. Things could simmer for years or they could change rapidly like the past two months have shown. 

Yes I agree.,.3 years now and gone very fast tbh. My wife is behind the long term stacking as her parents knew the wisdom of keeping gold...good to be on the same page.

[Roy]

Psychologically, it must be a difficult time to enter the market.

The forum began in 2014 and folk getting onboard then saw the 2011 highs and thought PMs were a bargain! Gold had fallen from £1100 to £700 and silver from £28 to £10.

It was comforting to know that the price of gold and silver had been higher before, which is not the case today.

Entering the market, and being confident in my decisions led me to (to use a BYB phrase), 'front load' my PM investment. It paid off, fortunately, but could quite easily had gone the other way.

It really has been a super hedge.

I'm still buying, not as aggressively of course, and I encourage others to keep up because the value of all fiat currencies are only, and can only, go one way.

'Keep stacking' (@sixgun 2016 😊)

 

Edited April 4 by Roy

[bobski]

£1,805.53

The fun and games are over

Still £35 up since close last week.

Predictions for close this week?

[theman73]

1 minute ago, bobski said:

£1,805.53

The fun and games are over

Still £35 up since close last week.

Predictions for close this week?

Around  £1800

[Gruff]

10 minutes ago, theman73 said:

Around  £1800

For the market players they will want it below $2250. They have that penchant for round numbers

[bobski]

48 minutes ago, Gruff said:

For the market players they will want it below $2250. They have that penchant for round numbers

Real money only here please (well as real as FIAT can be anyway)

[Gruff]

Just now, bobski said:

Real money only here please (well as real as FIAT can be anyway)

Apologies sire, probably below £1780 Great British FIAT Pounds

[bobski]

1 minute ago, Gruff said:

Apologies sire, probably below £1780 Great British FIAT Pounds

That's better Squire

[Paul]

7 hours ago, James32 said:

As long as you view it as a longterm hedge, then you will do OK. 

What has topiary and pruned bushes got to do with the price of 🐠🐟 ? 

Edited April 5 by Paul

[9x883]

1 hour ago, bobski said:

£1,805.53

The fun and games are over

Still £35 up since close last week.

Predictions for close this week?

£1825/£1830 it will bounce back today and beyond! 

[bobski]

Just now, 9x883 said:

£1825/£1830 it will bounce back today and beyond! 

That's the attitude! 

[Gruff]

3 minutes ago, 9x883 said:

£1825/£1830 it will bounce back today and beyond! 

 

2 minutes ago, bobski said:

That's the attitude! 

Wen moon?

[Petra]

😮🤔despite coming back down, gold is constantly ending days above 1800 so this appears to be the new norm, however, could just as likely have another burst upwards…. just keep buying😮🤔

[JamesH]

£1795 to finish the week

[Paul]

10 minutes ago, Petra said:

😮🤔despite coming back down, gold is constantly ending days above 1800 so this appears to be the new norm, however, could just as likely have another burst upwards…. just keep buying😮🤔

Is £1800 the new "Browns Bottom" ? 

[Gruff]

2 minutes ago, Paul said:

Is £1800 the new "Browns Bottom" ? 

Let's hope so!

[Paul]

3 minutes ago, Gruff said:

Let's hope so!

Ohhh yes ! 

[Paul]

↗️ We've started again ....

[Paul]

1 hour ago, bobski said:

Real money only here please (well as real as FIAT can be anyway)

  

[Gruff]

5 minutes ago, Paul said:

↗️ We've started again ....

Needs to get above and stay above £1820 for multiple days to consolidate that and build support for that as a base.