Thursday, October 7, 2010

Gold: Bearish Wolfe wave...

developing on weekly? Do not short this too early, but here are the targets if it breaks down. This works like a test of top. 127 would be a point to consider lightening any long positions.



Disclosure: I'm long GLD.


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  1. VALUE STOCKS BELOW FIVE DOLLARSDecember 12, 2012 at 4:35 PM

    Gold is still the place to be long term. Tempory setbacks will happen now and then.

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