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0.86% $1.74 lynch group holdings limited

G'day Johno247.I just feel that gold is overbought and, in order...

  1. lockitt
    5,536 Posts.
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    07/06/09
    21:38
    Post #: 5252817
    G'day Johno247.
    I just feel that gold is overbought and, in order for it to make a decent assult on US$1,000, it needs to pull back here, by about 15% - 20% in price, before going forward again.
    This is just my opinion and I would be wary of acting on it until the picture is clearer.

    Kind regards

    Lockitt
    LGL Price at posting: $3.13 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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