Sunday, November 30, 2014

GDX (Gold MIner's ETF) Dec. 16 Low??

Dec. 2nd Update after Gold's reaction to Japan's debt downgrade on Dec. 1 I have exited my short positions. The lows may be in for gold and a rally into early 2015 could happen. For now I am sitting on the sidelines. Here is a very important cycle chart posted on traders-talk.com by Tria... http://stockcharts.com/c-sc/sc?s=GLD&p=W&yr=4&mn=5&dy=0&id=p34961293120&a=285699619&r=1365955504497.png Recently predicted the Nov. 21 high for gold on traders-talk.com gold forum, now am seeing a probable low around Dec. 16, 2014 which should lead to a rally going into 1st quarter 2015.

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