GREY:MPRXF - Post by User
Comment by
hrattleon Feb 28, 2013 4:37pm
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Post# 21057934
RE: Gold bull is over...
RE: Gold bull is over... The risk of course is that gold has still to find it's base ...
$14xx/oz gold is now being talked about openly by analysts - it looks like $1460/oz is where they expect the drop to stabilise but I can't see how they get that number - my simplistic assessment is $1425/oz acts as the next support level. I'm not quite ready to buy back into the double bear ETF - I'd like to see a failed shot at $1650/oz first.