Ultimately we must see GOLD at 2,000 and higher! The "party" is not over yet. Like someone commented on CNBC "What? Party is over?! I think you have not seen anything yet!"... but at this moment i think it is overheated, technically it must come down (fundamentally i really do not know what may bring it down). Below is Daily chart... ellipses respected Fibonacci levels again... awesome... In the long term I would expect it to come down to 1,600 level... but it will be slow and painful process.... probably if it comes there we can participate in the "party too" :) at least i would be willing to try.
 |
| GOLD Daily |
No comments:
Post a Comment