Gold is stuck in a broad trading range between $1550 on the bottom and $1750 on the top. In the abscense of any fundamental news, it will more than likely end the year within this range.
Gold is manipulated to remain within a broad trading range between $1550 on the bottom and $1750 on the top. In the abscense of any fundamental news, it will more than likely end the year within this range.
Gold may be stuck, yes, but can the $GDM break out? Maybe a look here is helpful http://www.denaliguidesummit.blogspot.com/2011/12/all-news-about-gold-is-bad-news-so-buy.html
we are in the same mess folks! and getting worse month by month. Industrialized countries are broke and over indebted, there is no way but going into default. Governments and banks are just saving some more time, but they know we have reached the point of no return. Sadly, we will see war at the end of this crisis. Gold, silver, dried food, etc..you know already. Thank you Dan for educate people with you analysis.
Gold is manipulated to remain within a broad trading range between $1550 on the bottom and $1750 on the top. In the abscense of any fundamental news, it will more than likely end the year within this range.
ReplyDeleteGold may be stuck, yes, but can the $GDM break out? Maybe a look here is helpful
ReplyDeletehttp://www.denaliguidesummit.blogspot.com/2011/12/all-news-about-gold-is-bad-news-so-buy.html
Merry Xmas, Dan!
ReplyDeleteLet it consolidate. Merry Christmas, Dan
ReplyDeletewe are in the same mess folks! and getting worse month by month. Industrialized countries are broke and over indebted, there is no way but going into default. Governments and banks are just saving some more time, but they know we have reached the point of no return. Sadly, we will see war at the end of this crisis. Gold, silver, dried food, etc..you know already. Thank you Dan for educate people with you analysis.
ReplyDeleteSilver Xmas
ReplyDelete