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Gold Monitoring Thread £ GBP only


Paul
Message added by ChrisSilver

This topic is to discuss price action in GBP, to discuss price action in $ USD, please see this topic: https://thesilverforum.com/topic/19962-gold-monitoring-thread-usd-only/

📌 For general non PM chat there is the Hangout topic here: 

 

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These are my charts of Gold on the 1 hour and the selling was not normal price action.. Normal price action clearly see on the charts for Gold back and forth... $90 smack down in price in less than 4 hours......

image.thumb.png.901c27e47b46116dea740dc531562f5d.png

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14 minutes ago, bipolar said:

according to Chards website, spot is still over 1900 😕

That's because they've got the script now that they're part of the LMBA group.  That's where it'll end up after this evenings action....  ;) rising again now, briefly touched 1880.....

New profile pic to support the current thing, because it's current year.

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1 minute ago, silversky said:

Quiet in here.... Everyone gone to weatherspoons for a cheap pint?  I guess the party girls and superyachts all got cancelled? :lol:

A pint in 'spoons is rich.
A pint of White lightning in a brown paper bag more like it :D 

The closer the collapse of an Empire, the crazier it's laws - Marcus Tullius Cicero

We had the warning in 2006-9 but central banks ignored it and just added new worthless debt to existing worthless debt to create worthless debt squared – an obvious recipe for disaster. - Egon von Greyerz

https://www.thesilverforum.com/topic/83864-uk-bank-regulations/

 

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A small correction and it's tumbleweeds in here 😂

Look on the bright side - everything is heavy in the red today from the S&P (-1.6%) to BTC (-5%), except for oil (+0.45% currently). Gold only lost like 0.77%, it's fine. It's actually better because I chose neutral in @silversky's poll, which is the most important thing

Mind is primary and mass-energy is derivative

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Just now, bobski said:

£1,880.98

£1,879.21

You missed the £1951 fun all the way back down mate... like a slip 'n slide this afternoon

The closer the collapse of an Empire, the crazier it's laws - Marcus Tullius Cicero

We had the warning in 2006-9 but central banks ignored it and just added new worthless debt to existing worthless debt to create worthless debt squared – an obvious recipe for disaster. - Egon von Greyerz

https://www.thesilverforum.com/topic/83864-uk-bank-regulations/

 

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4 minutes ago, HonestMoneyGoldSilver said:

A small correction and it's tumbleweeds in here 😂

Look on the bright side - everything is heavy in the red today from the S&P (-1.6%) to BTC (-5%), except for oil (+0.45% currently). Gold only lost like 0.77%, it's fine. It's actually better because I chose neutral in @silversky's poll, which is the most important thing

Yes HMGS....  I've not forgotten the poll....  And I'm sure James hasn't either...  Paul and I still have it in the winners camp, sharing half an ounce each which was very kindly donated by James.  Just have to hold it above 1872.00 and out of the previous trading range which is all that matters.  And if chards' new inside track is anything to go by, we'll be back to 1900 by the close.. Phew  :lol:

New profile pic to support the current thing, because it's current year.

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Just now, Spyder said:

At the start  of the week, everyone would have been happy with £1875 close in Friday, now because it went higher and dropped, it like Great Aunt Hilda has just died

Exactly.  The majority were of the belief that it would remain in the trading range between 1830-1872 which up until the last 24 hours was not ungenerous in size.  Breaking above that really wasn't expected, so even though its been a huge rollercoaster its still up by any standard measure.

New profile pic to support the current thing, because it's current year.

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