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Gold should be completing a cyclical low in February

Posted on 26 February 2013

Over the past five calendar years we have seen gold either complete an intermediate cyclical top or bottom in each February. My forecast was for February 2013 to be no different and for gold and silver to make trough lows this month.
With that said, I did not expect the drop in gold to go much below $1,620 per ounce at worst, but in fact it has. Where does that leave us now on the technical patterns and crowd behavioral views?……………………………………….Full Article: Source


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This post was written by:

VRS - who has written 38144 posts on Opalesque Commodities Briefing.


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