All the market indicators demonstrate that we are for sure in a big run of gold bull my first target by the end of of October is $417.50 Silver $7.50.
First Dow:
decisionpoint.com
Dow decisivly broke that 10600 whitout hesitation, 7 trading days ago, and next Dow had a big down day drove Dow below that 10,400, 2 days ago, Dow nearly broke that very imprtant 10,000 mark, gold at the same time rallied to $329 Dec. contract.
THese few days Dow mangaed to go up by Dow Failed totally to go up that 10,400 level.
Dow last three months has significant reversal pattern, indicating Dow had lost its mighty strength, price action odf Dow suggests that has three times to go record hi, but Dow failed tatally, as Dow could not go higher, it has to go down. I expect Dow will break that 10,000 within days, then Dow will head to that 9,400, 9000 or even 8,700 marks.
History will repeat itself, As October 19, is near.
Next Techncal analysis of U.S. Dollar index
Stay tune>>>>>>
John Paquet |
