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Darren Heathcote Quotes
«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.»
Author: Darren Heathcote
«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.»
Author: Darren Heathcote
«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.»
Author: Darren Heathcote
«At the moment the mood is still jubilant.»
Author: Darren Heathcote
«People will be eyeing $450 as the target. It may not be today. It will be very quiet in the States.»
Author: Darren Heathcote
«There's definitely more buying in gold, obviously on inflationary fears. The funds have continued to buy.»
Author: Darren Heathcote
«If we sustain this break for the duration of the day, then I think we will be looking to test $495 again.»
Author: Darren Heathcote
«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.»
Author: Darren Heathcote
«It's dizzy high, and we're looking at a very overbought market. We're looking for a correction. It has to come at some point. However, given where oil is, it may well give some support on the downside.»
Author: Darren Heathcote
«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.»
Author: Darren Heathcote