Gold Quote of the Day...Gold's heartbreak rally.
posted on
Apr 10, 2014 09:06AM
" Gold is rallying into presumably a left translated cycle top. I’m expecting it to run into resistance in the $1320-25 range and if it gets through that it will have an even tougher resistance zone at $1350. Either way I expect this will be the heart break rally that when it fails will usher in the final bear market capitulation phase and move down into the yearly cycle low in May or June. 4/10"-Gary Savage