Gold headed for 1000-1100 area... few weeks...
took some losses here..
That's what everyone says. Tax loss selling will be an issue. We'll 'C.'
gold now!
Started by
dharma
, Oct 01 2013 10:21 AM
203 replies to this topic
#201
goldfungus
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Posted 20 November 2013 - 07:55 PM
That's what everyone says. Tax loss selling will be an issue. We'll 'C.'
#202
senorBS
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Posted 19 December 2013 - 07:05 PM
Gold headed for 1000-1100 area... few weeks...
took some losses here..
That's what everyone says. Tax loss selling will be an issue. We'll 'C.'
That's the strong consensus and I am seeing lots of $700-800-900 targets throw out there. I don't think we even go below 1100-1150, but I'll remain flexible.
Senor
#203
senorBS
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Posted 19 December 2013 - 07:10 PM
okay, lets get back to this importante potential post triangle thrust from 1244, wave 1 down was a $29 decline, wave 3 was about $40 to the very recent 1186 low, now if wave 4 rallies 38% to 1201 and we again decline then waves 1 and 5 would be equal near 1172, not far below the June low at 1179. That's my best guess road map at this time
BSing away
Senor
#204
goldfungus
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Posted 19 December 2013 - 07:38 PM
okay, lets get back to this importante potential post triangle thrust from 1244, wave 1 down was a $29 decline, wave 3 was about $40 to the very recent 1186 low, now if wave 4 rallies 38% to 1201 and we again decline then waves 1 and 5 would be equal near 1172, not far below the June low at 1179. That's my best guess road map at this time
BSing away
Senor
If it follows your blueprint no one, and mean no one, will believe the rally. All the better. I still think it's worth pointing out that I actually had several of my mining stocks end positively today.
