Saturday, December 17, 2016

Gold and Gold Stocks Major Low in Feb-March 2017

I have now looked at multiple charts, gdx, hui, gdm, gold, dust, all are pointing to Feb - March 2017 as a major low.  My xau chart from last summer while showing gold and gold stocks would go down into late November, the chart is now projecting Feb -March 2017 in line with the other charts. Gold stocks and Gold should then rally into summer 2019 which can be seen on the lower part of the chart.

This is in agreement with TSharp from traders-talk.com  and you can see his chart here... http://www.traders-talk.com/mb2/index.php?/topic/166085-gold/

Martin Armstrong has also been calling for sub-1000 gold since last summer and before the summer rally too.


1 comment:

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