Post
Topic
Board Speculation
Re: Stock market crash - 5 % overall
by
S3052
on 10/08/2011, 18:09:56 UTC
My facts are chart pattern that show that Gold is in a major long term uptrend.

But as in all trends, there are corrections. before Gold will skyrocket, we will see a correction from current or 2000 $ into the broad 600-1400 area.

Further supporting facts is the contrarian indicator sentiment. We see >95% bullish sentiment on gold which indicates that too many are already invested and the short term trend will change soon, as it happened so many times before