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[GLD] Day 1320 - Saturday

Day 1,320, 11:01 • Published in USA USA

• by Rom Paul

Day 1320

*Times shown are Eastern Standard Time (EST) & eRep Time

GOLD

10AM (7:00 eRep) OPEN: $718 | ⇩$7.00 | ⇩0.97%
4PM (13:00 eRep) EVAL.: $716 | ⇩$2.00 | ⇩0.28%
10PM (19:00 eRep) CLOSE: $705 | ⇩$11.00 | ⇩1.54%

⇉⇉⇉ Interactive Daily Gold Chart - Click Here! ⇇⇇⇇

4PM (13:00 eRep) Evaluation
Gold opened this morning at $718, down nearly 1% from yesterdays close. It continued to shed a couple bucks to $716. Not much movement today.

~~It's possible we could see an upswing as early as this afternoon~~, as there really are no fundamentals for the price to continue to decrease AND there is ample investor interest in trading Gold. ~~Possible BULL MARKET coming up.~~

Upgrading investment action from SELL / HOLD to ~~HOLD~~ SELL / HOLD.

Updated 22:49 eRep Time, Day 1320 Reason: Update Chart / Minor UI Improvements

Comments

Rom Paul Day 1,320, 11:04

From now on we will be implementing the interactive chart. Look for Weekly average charts to start showing up on Monday!

biaxident Day 1,320, 12:22

this is good, I'm looking forward to evaluations and suggestions for investment. also do you have a separate analysis for market prices?

Captain Baker Day 1,320, 12:29

http://www.vpopulus.net/referrer/3780

Erep v1 🙂

Rom Paul Day 1,320, 13:37

@biaxident

unfortunately it is already very tedious to update gold prices 3x a day so no, we do not plan on including market prices in the analysis. Our competitors do however, offer this service so it is possible to obtain the info you're looking for through them. Glad you like the chart.

biaxident Day 1,320, 13:50

thx for the reply. Im already following some other market analysis but none lasts long :/

hunterinmck Day 1,320, 18:50

i do like your newspaper, i mean in mine i focus mainly on the market prices. its great to still get the gold information without having to pu in all that information and keep it up to date. with gold its perfect to know exactly when the prices drop and how much. i think its a great thing that u do by running this paper.

Marc Aldrix Day 1,320, 23:47

What made you call a 'Bear Market', when its obviously not and hasn't been.

SPC91X Day 1,321, 04:44

i can only imagine how tedious it must be to watch AND publish gold prices throughout the day. thanks for lookin' out!

Rom Paul Day 1,321, 09:06

@Marc Aldrix

If you take a look at the graph, just click the blue link above, you can see that prices have been consistently decreasing. Therefore, we are not in a market that is conducive to investing right now. There is a "fear" and anxiety about when the price of gold will reverse its course and began to rise again, in other words, exhibiting symptoms of a bear market.

Rom Paul Day 1,321, 09:09

@Marc Aldrix

My dealings are solely in the matter of gold prices, not the purchase/sale of consumable goods.

Marc Aldrix Day 1,321, 12:40

@Bennosuke

I do realize that you report Gold. I'm just concerned about why you thought it would be a bear market, what are the signs of a "bear market" to you?

Rom Paul Day 1,322, 11:17

@Marc Aldrix

"A "bear market" is a general decline in the stock market (gold price) over a period of time. It is a transition from high investor optimism to widespread investor fear and pessimism."

source: wikipedia

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