27 ordspråk av Darren Heathcote
Darren Heathcote
 At the moment, I think we're lacking a little bit of direction. |
| The funds are still happy to play around at these levels. They expect us to look to test the upside a little bit but I don't necessarily at this stage think we are going to do $500. |
| We've seen gold break the correlation with the dollar in recent times. We saw gold strengthening even though the U.S. dollar was strengthening. |
| There was a significant drive in Japan in recent weeks. People are very happy to be jumping on the bandwagon and basically riding the thing up. |
| At the moment the mood is still jubilant. |
| People will be eyeing $450 as the target. It may not be today. It will be very quiet in the States. |
| There's definitely more buying in gold, obviously on inflationary fears. The funds have continued to buy. |
| If we sustain this break for the duration of the day, then I think we will be looking to test $495 again. |
| There's some profit-taking now, but look at where we are. It's broken $520, the target we had yesterday ... looks like $525 is the next target. |
| We are still in an upward trend. The fundamentals are still in place but I think we are having a bit of a shake-out. |
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