Monday, July 01, 2013

Did XAU just put in a major low?


2 comments:

  1. The easy answer is "yes", but it could go lower. Since the miners are in a bear market, the more interesting question is "is this the bottom". Does your analysis provide any probabilities of when and/or where the bottom is likely to be?

    Bests,

    Alex

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  2. I think we have seen the bottom, I could be wrong but at this time it looks like we are not going to see Gold or Gold stocks go lower. I will post some more charts I have done recently above.

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