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Strategies & Market Trends : John Pitera's Market Laboratory

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From: Fintas10/7/2017 11:48:26 AM
2 Recommendations

Recommended By
John Pitera
toccodolce

   of 33421
 
GOLD.. Some are suggesting it's going to 500. Some 400 and heck I've read one suggesting 300 by year 2030.

HMMM

Well given it's RSI recently turned up and suggests GOLD is now in a new bull and will keep making it's way higher to the 1458/1620/1782/1944.. That will take out the HIGH of 2011 where so many were looking for 3000 and were wrong. BUT that was then cuz 1458/1944/2430/2916..3000 are coming as I consider the reasons and support with TA.

Here and now.. BUY THE DIP if one wants to be LONG GOLD. Just don't get greedy trying to buy too low as many did refusing to understand 1045 was the low and missing the trip up to 1370 .. And then the same silly willies missed it off the gift of 1130 to the recent peak of 1360 ish.

Ya think some would understand when the RSI turns to X's as it recently did on a 50 year chart then deep retracements are NOT going to happen.
BWDIK. Fintas

llish Price Obj: 1670.000 Bullish Reward to Risk: 5.06

1617
1420.00 1420.00
1410.00 1410.00
1400.00 1400.00
1390.00 1390.00
1380.00 1380.00
1370.00 XX8Top1370.00
1360.00 XXOXOXOX1360.00
1350.00 XOXOXOXOXXO1350.00
1340.00 XO7OOXO9OX9O1340.00
1330.00 XOXOXOXOXOXXO1330.00
1320.00 XOXOOXOXOXOXO1320.00
1310.00 XXOOOAXOXO1310.00
1300.00 5XOXOXOXOMed1300.00
1290.00 XOXXOXOBOXXXO1290.00
1280.00 XXXOXOXOXOXOXO6O8A1280.00
1270.00 XOXOXXXOXOXOXOXO4OXOXO1270.00
1260.00 XXOXOXOXXOXOOXOOXOXX5XOX1260.00
1250.00 XOX3OXOXO4OXOXOXOOXOXOXOX1250.00
1240.00 XOXXOXOOXOXOXOXO6OXOXOXOX1240.00
1230.00 XOXOXOXOOXOOOXOX3XOX7X1230.00
1220.00 XOXOXOOXOXOX2OXOOXBot1220.00
1210.00 XOXOOOOXOXOXO1210.00
1200.00 XOOXOXO1200.00
1190.00 XOXO1190.00
1180.00 OXOX1180.00
1170.00 OXC11170.00
1160.00 OXOX1160.00
1150.00 OXOX1150.00
1140.00 OXOX1140.00
1130.00 B2O1130.00
1120.00 OX1120.00
1110.00 OXX1110.00
1100.00 OXOX1100.00
1090.00 O1OX1090.00
1080.00 OXXO1080.00
1070.00 OXOX1070.00
1060.00 OXOX1060.00
1050.00 CO1050.00
1040.00 1040.00
1030.00
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