Gold has traded between $1200-$1400 since May 2013. Need to see a weekly close above $1400 to switch from the Long term Bear trend established in April 2013 when Gold closed below $1500.
Will we see $1000 by December 2014 !
Watch for a weekly close below $1200 for any Bear move down to $900-1000.
In the meantime, I will wait for the market to show its hand........
Will we see $1000 by December 2014 !
Watch for a weekly close below $1200 for any Bear move down to $900-1000.
In the meantime, I will wait for the market to show its hand........
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