Gold Expect More Sideways Action

By: readtheticker | Tue, Jan 10, 2012
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The near perfect behavior of the gold bull market is not to continue.

Expect more sideways action to flush out more of the weak hands, the sell off was deep and with the US dollar having its day in the sun (euro mess etc), you cant expect new highs for gold.

What this means is if you missed out at getting into gold at $1500, then you are likely to get another chance, and shock horror maybe lower than $1500.

Previous Posts:

Gold Gann Angle and Cycle review
Gold cycle review, the next gold swing trade is

GLD (Gold ETF) Sell off is DEEP

 


 

readtheticker

Author: readtheticker

readtheticker
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