Centamin Egypt - CEY Stream Log

bother , i should have sold some at 70p.

Whoa - let's not get carried away with this retracement. RSI is now down and we could return to 72p on Monday and not be overbought.

.4 percent. The Rise and Fall of Gold Gold may rise to $1,420 by the end of 2016 amid increasing physical demand, Australia & New Zealand Banking Group Ltd. said Dec. 17. Standard Chartered Plc expects the metal will rally to $1,320 by the fourth quarter as strength for the dollar fades, according to a Jan. 20 report.

Gold and Centamin have both had their RSI values over 70 for the last 4 days. Looking back as far as 2012, Centamin or gold, have never remained overbought for more than 8 days. We're due for an interruption of the steady move upwards.

If gold can break thru $1300 than Centamin should break 70p in the short term. I've been waiting since 2012 for resolution of the cc so I'm reluctant to predict anything there.

Anyone going to jump out now.

I see 1300 coming soon partially as a result of the swiss and the euro exchange rate which today I have been offered 129, , the holiday companies look a good punt this year.

Will Swiss unpegging from euro push up gold price?

Re Pedred , Eventually back to 2 Quid, where it came from.

Gold should close above the 1240 (USD) resistance that it has been testing the last 2 days. Next resistance is at 1256.40 which is stronger and will most likely hold for today at least. If sp doesn't respond I guess it indicates investors don't believe the gold price will continue higher.