As I always tell people, watch the seniors and you will have a premonition on the upcoming movement of Gold.
Many leveraged funds and senior stocks are currently forming an elongated cup, and just coming off a handle in many cases. Expect a rest for Gold slightly, as we move our way to 1580, and in about a months time (around March) Gold should be near 1700.
Please see some of my other ideas to follow my reasoning and analysis.
- zSplit
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