Monday, February 15, 2016

[GLD] update

The backlink doesn't have a short term model, only the suggestion that it will eventually go a bit higher and then fall back to Earth before the real bull market begins.  Tomorrow should start off with a test of support.  A close view of the chart shows this to likely be a 3-3-5 flat correction.  It will not surprise me to see AM selling which is reversed upwards.


There are a lot of complete a-holes out there who stupidly fell for the "gold is a pet rock" crap.  I guess by their definition they are now being stoned to death.


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