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Commodities Briefing - Categorized | Bullion/Gold, Metals and Minerals more

Final plunge in precious metals is underway

Posted on 25 November 2013

Two weeks ago we penned ”Gold bear to end with a bang,” and noted the increasing probability that precious metals could be headed for a plunge to new lows ahead of a final major bottom. Two weeks later we continue to hold that view.
The forthcoming charts present levels at which the more than two year old cyclical bear market could end. At the least, these support levels can provide a point at which short positions and hedges could be liquidated………………………………………..Full Article: Source


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VRS - who has written 37188 posts on Opalesque Commodities Briefing.


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