RE:Gold at a transition point Beware!
Gold has closed in a very small range today DOWN.. near the trendline I marked up in my prior post chart link! BEWARE!!!! (not for the faint at heart..lol)We are at a critcal turning point... This can blast off either way...including down by several hundred dollars if you look at the chart!!! This can happen as soon as tomorrow morning.. What would be best is that gold gaps down ovenight causing a mild panic and a few shorts to get trapped in the first hour down,then a quick snapback above the lower trendline I marked or if you want to get more technical Golds 50 day moving average..