LGL
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0.86% $1.74 lynch group holdings limited

gold price may start reversing to the upside

  1. redbird689
    123 Posts.
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    11/12/09
    11:47
    Post #: 6032179
    after today (US yesterday)'s completion of US treasury bond sale which has subscription rate of only over 30% something by central banks globally. We may see the deliberate manipulation of gold price to facilitate the sale finish.

    Hence, gold may reverse to the upside, or at least remain relatively stable.

    LGL is currently still massively oversold. no point for me to sell at this stage.
    LGL Price at posting: $3.26 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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