Gold Price Monitor News Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Gold Price Monitor News

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: d:oug who started this subject	2/18/2002 8:22:53 PM
From: Secret_Agent_Man	of 100

OUTLOOK FOR GOLD I began to get long-term bullish on gold at the 1999 breakout. At the time there was extreme pessimism by most analysts, a default position that had been rewarded for many years. When I saw the long-term double bottom and breakout in 2001, I became very bullish, and I will stay that way unless the rising trend from the 2001 bottom is violated. I will personally not be trying to trade it on the way up. Gold is subject to quite explosive advances, so I'm holding my BUY Signal in the belief that I am more likely to catch one of the big up moves than I am to be stopped out by another retest of 20-year lows. The real test, it seems to me, will come at the resistance at 325. Upside target is 500. --Carl Swenlin decisionpoint.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next