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Gold Futures - Dec 24 (GCZ4)

Real-time derived
Currency in USD
2,570.10
-2.80(-0.11%)
Closed

Gold Futures Discussions

Oh My Gold
the Fed is cautious about rate cuts, gold plunge soon, USD is rising again
PPI higher, here comes inflation again, US stocks way overvalued, Gold will hold lower $2,500’s.
Whos adding more at this point?
Nope, USD too strong. Don’t think this administrarion is very Gold oreintated. Need BRICS to take up the slack but they’re probably unwinding snd making a killing on their USD gains, it’s good arbitrage. Need lower US rates, weaker dollar but not sure that will happen as fast under this new govt. Staying on sidelines, shorting US stocks instead for a long term trade.
might drop below 2000
23-2400 then new rally after xmas rally in stocks is over. i beleive Til then going down UNLESS again real war begins. If so 3k+ by eo xmas imo
Seasonality says gold will roar into the new year — betting against that is a losing bet more often than not. This year I doubt will be any different — especially with a massive US political transition on deck in early 2025. In gold we trust 🙏
its done
gold.trade is ending
There is a possibility it may reverse back to $2.625 before resuming uptrend but the gold trade is ‘not ending’
Only if your name is called “gold.trade”
🎃
Time to add more
it should plunge since war risk was reduced significantly
we're are u from baha
George Thorm well I was right
Give me 3 good calls and we’ll see ! Your one up top calling for a possible break down below $2.000 is a gut call for sure. Those calls don’t make money.
AU 5k 2025
3000 for new years?
Gold going to $5000
YUM
If you do not see gold is going up is good you are lost
If you think gold going up is good you are lost
you slow bro?
I'm up $75k on gold this year. it's good for my wallet but if it hits $5k an ounce the world will be in ruins
A new high this year. Time to ride the bull!
3000 coming, buy in any dip
2150 coming
You made a typo, your 1 should be a 7 !!
f that meeds to drop
Gold stocks still need a kick up the pants 🥾 there’s big gains to be made if the herd ever enters.
When gold goes up like this it means we are in trouble.
Or there’s more buyers with $$$ than sellers, ie: Asia
George Thorm that or ww3
Very true, not a good outcome though
Personally I think that by November we will have it minimum 5k max 6k I assume so by following the prices from last election The us election is always good for gold but I doubt we will see it grow as big as 2020 for obvious reason Since things are not as intense. Tho it's from a Canadian point of view so maybe it might be worst than I see
Sorry 4k to 6k since I'm using Canadian gold I'm not using the same stock so I made a mistake in the expected prices basically around triple what I bought last month
Doubt it. Fundamentally over 3k but usa wont allow with brics and oil trading in other currencies. Most likwly theyll flood market and lower to 2300 or so. The only chance for gold at prices that high is War. Real war not proxies theowing grenades
hi mate, who’s going to flood the market, USA has very littke Gold, most has been repatriated ! Canada has zero as the UK has very little.
Funny as the shorts continue to pile up losses and take even a $10 drop in the POG as the ‘sky is falling’ they sure work it ! These guys running the shorts are very inflexible they shouldn’t be trading.
are you still buying gold and silver! if so your making a great hedge against the market during a recession & precious metal surge
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