* chart belongs to Tony C.
Showing posts with label GOLD. Show all posts
Showing posts with label GOLD. Show all posts
Wednesday, February 10, 2016
Tuesday, July 29, 2014
Bought Gold today around 1300 USD / oz 7-30-2014
Bought Gold today around 1300 USD/oz with the following reasons:
1. Gold is in short term uprend and possible forming a base to complete a b c pattern to finish Major B (Bear Market Rally).
2. Gold is still 46% down from its 2011 top, and this Bear Market rally has just rallied 10% from the lows, if 38.2% retracement is to take place, we have around 10-20% more room to rally.
3. This is a short term play.
*Chart by T. Caldaro - for reference only
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