25.11.2013 - Final plunge in precious metals is underway
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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