Darren Heathcote Quotes

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. - Darren Heathcote

We're there mate, we've done it. - Darren Heathcote

We're still in a bit of consolidation...I think everything is still pretty good, still positive for gold. It doesn't really have any momentum to push it down. - 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. - Darren Heathcote

We are now looking to target about $534,50, with $539 probably the resistance. But I still think we need to see a break below $525 to see an immediate reversal in the trend. - 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. - Darren Heathcote

There's definitely more buying in gold, obviously on inflationary fears. The funds have continued to buy. - Darren Heathcote

There's a severe lack of interest in Asia. There was some physical buying on the dips down. That's started to dissipate. - 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. - Darren Heathcote

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. - Darren Heathcote

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