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Gold or Silver prices, what will make the prices go up?? Did we top out already?
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<p>[QUOTE="Cloudsweeper99, post: 1572628, member: 3011"]I think it is too difficult to predict the price of gold by looking at events.</p><p><br /></p><p>I've been watching gold build a cup and handle formation, visible on a two year chart. The price stayed above 1625, which to me would have resulted in a failed formation. Now, if it can get above 1800 and close there for at least three consecutive days, the next big move appears to be up. This might take a few more weeks.</p><p><br /></p><p>Why will this happen? I don't know. But as long as gold stays in a bull market as evidenced by the charts, I'm sticking with it.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1572628, member: 3011"]I think it is too difficult to predict the price of gold by looking at events. I've been watching gold build a cup and handle formation, visible on a two year chart. The price stayed above 1625, which to me would have resulted in a failed formation. Now, if it can get above 1800 and close there for at least three consecutive days, the next big move appears to be up. This might take a few more weeks. Why will this happen? I don't know. But as long as gold stays in a bull market as evidenced by the charts, I'm sticking with it.[/QUOTE]
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Gold or Silver prices, what will make the prices go up?? Did we top out already?
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