Heads up on Gold

Kitco live gold ^

[Cicero]

Just a heads up that gold appears to be breaking through another resistance level at 370 in early trading in Asia. Platinum has also broken above a 5-year resistance level. Here's the chart. Since it's a live chart, I have no idea whether it will stay at these levels or not, but it seems worth a heads-up, at any rate. Make of it what you will:

[weikel]

Just a college kid I don't have the money. There is an x factor as you pointed out on whether there are any MAJOR terrorist attacks in the months following the Iraq walkover( yeah they could burn the wells but the Arabs will break and flee like they always do).

[rohry]

Maybe I am...

I don't know where I will sell actually...

[Cicero]

As I mentioned, the Platinum chart is also up. I really don't follow platinum at all, but it certainly looks significant that it's broken the 700 level and is currently at 704. Here's the five-year chart, which clearly shows that it's a new high for that time period:

[montag813]

I am long Gold futures since $315...go baby!!!!...profits on Gold and Euro are the best since the Internet bubble!

[arete]

We many be entering an "anything but dollars" period. That's okay by me.

Richard W.

[Tauzero]

Notice gold vs. South African rand? Weird... stable for the last year.

[ThePythonicCow]

I'd take my profits now, if I were you. Then wait for it to go back down, a big bunch, and get in again, for more serious profits. That's how I see it.

[AdamSelene235]

Gold will sink like a Polish battleship once the war uncertainty clears up.

It will dip (assuming the war goes well), go flatline for a bit, and then steadily rise.

If Israel or the States gets hit with WMD or the Saudi,Iraqi and Kuwaiti oil fields get Scudded, skip the dip and the flatline.

[ExSES]

....Ping.....

[AdamSelene235]

Pong ???