Thread: Any Serious Predictions for Next Week Gold rates?

Closing Rate is : 7.

How can u say it could be $30-40 down?

Down $30-40 monday.

Well I think the first few hours the price will go back up just shy of last weeks high. Then I would be looking for and think price will turn down and end the week around $800 or even less than that. Really we could see price come close to 600 by end of year. My charts suggests last weeks highs were key resistance. So if by chance you get a daily close above last weeks high then that resistance would be broken and above may be wrong. But you can count on some kind of major move.
Best Wishes,
Burt

I have no forecast has i dont buy gold i am not into stocks and shares etc i have not interest in it.