Gold Monitoring Thread £ GBP only

[bobski]

£1,858.17

[modofantasma]

5 minutes ago, bobski said:

£1,858.17

Should be a lively day in the markets 

US data around inflation and CPI at 13:30 and FOMC minutes later on

https://tradingeconomics.com/calendar

[modofantasma]

Anyone trading it's a great day to learn about 'slippage' 🤣

[bobski]

Just now, modofantasma said:

Anyone trading it's a great day to learn about 'slippage' 🤣

Not me. I had to google 'FOMC' 😂

£1,859.24

[ant1882]

£1860

[SidS]

26 minutes ago, bobski said:

Not me. I had to google 'FOMC' 😂

 

It's one of those things I've heard and seen before but can never remember what it stands for. I'm bad with acronyms generally anyhow.

I always seem to read it as FOC'M - hmm fok 'em indeed... Probably how they view the plebs.

That's when I'm not confusing it with FOMO.
 😁

Edited April 10 by SidS

[bobski]

£1,860.92

Live high £1,861.59

[SidS]

FOMC - Fear of Metals Committee. 😁

[bobski]

£1,861.80

[dicker]

I say that Band Of America is pencilling in gold to be at $3000 in 2025.  Banks are not good at making predictions on gold as we have seen before, however if this is correct it would mean gold in GBP hitting about £2350…

[Petra]

Stop checking spot prices and keep buying😮😮🤔

[bobski]

15 minutes ago, dicker said:

I say that Band Of America is pencilling in gold to be at $3000 in 2025.  Banks are not good at making predictions on gold as we have seen before, however if this is correct it would mean gold in GBP hitting about £2350…

But when?

[Gruff]

With the RSI pushing levels of close to 80, then we could indeed be in for a pull back or at least a period of consolidation, perhaps not a bad thing

[9x883]

30 minutes ago, Gruff said:

With the RSI pushing levels of close to 80, then we could indeed be in for a pull back or at least a period of consolidation, perhaps not a bad thing

Booooooooo!

Keep buying.

[HerefordBullyun]

34 minutes ago, Gruff said:

With the RSI pushing levels of close to 80, then we could indeed be in for a pull back or at least a period of consolidation, perhaps not a bad thing

Yes wait for consolidation then wait the FOMC rate cut. Then strap in ..

Moon spoon lovers like @stefffana

[Paul]

What is this red segment in the middle?? It's always green

 

[ZRPMs]

2 minutes ago, HerefordBullyun said:

Yes wait for consolidation then wait the FOMC rate cut. Then strap in ..

Moon spoon lovers like @stefffana

That @stefffana's a bad one but here's a moon shot for him and the other moon lovers 

Good to hear you here again buddy. 

By the way, just to keep on topic. I have still been buying needed coins for the collection.

[bobski]

£1,855.74

[MBTPSilver]

For those who asked for a dealer update I'm seeing demand has ticked up a fair bit in the past two weeks. I think those who'd hoped for a dip after £1,750 are now buying with it pushing up to £1,850.

Still plenty of people selling, but more buying again now. Not at mini-budget/banking crisis levels yet, but if it gets any busier you'll start to see banners going up on the various sites. I'd say silver has a slight edge, but still plenty of gold being shifted.

[Agaupl]

Attempts to take the pressure off 

[silverin]

17 hours ago, Paul said:

Another steadyish day for gold thus far

Is it just me who's just waiting for the monster of all smack downs to happen as has happened numerous times in past decade plus we've lived and stacked through?

Imagine if smack downs are a thing of the past and it's only progressively up in a monster bull 🐂 run instead

Who, knows

Enjoy the journey. The slow scenery is especially nice to view rather than trying to try and count the track sleepers every second below you 

 

No i'm waiting too 😆

[ZRPMs]

3 minutes ago, Agaupl said:

Attempts to take the pressure off 

I knew I should have been stacking copper al these years. Looks like it's in need of more controls than gold. Price must be on its way to Mars let alone the moon

[BLOOMMAN101]

£1848

[Agaupl]

34 minutes ago, ZRPMs said:

I knew I should have been stacking copper al these years. Looks like it's in need of more controls than gold. Price must be on its way to Mars let alone the moon

Well.. Morgan Stanley’s commodities outlook for Q3. I’d be sticking to paper though as the shed is full. 

[treetop1280]

1 hour ago, Agaupl said:

Well.. Morgan Stanley’s commodities outlook for Q3. I’d be sticking to paper though as the shed is full. 

@MrStacker, prepare yourself bud ??? Looks like @Agaupl is making a run to be top dog on the graph charts???? @MrStacker your in 3rd place at the moment , @HonestMoneyGoldSilver is second , and @BLOOMMAN101 is top dog ???, pull your finger out @Agaupl, you can do it bud 😀👍