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A Bottom in Gold

Posted by Samb @ 11:20 on November 17, 2015  

Well, Gold is in an Intermediate Cycle decline.  OK, have these declines ended in as little as 4 weeks? NOPE.  We should see at least a small relief rally before the final low. In looking at SLW, I believe that we are only now nearing the midpoint for this cycle bottom. And the cycle could stretch into deeply oversold for many more weeks from that point on. Way early on this one yet.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.