Longer-Term Market Trends Message Board

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Strategies & Market Trends : Longer-Term Market Trends

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To: AllansAlias who wrote (159)	4/6/2008 4:15:39 PM
From: Galirayo	Read Replies (1) of 3209

I still think it's a Bull Market correction in GOLD and we'll see 1200 or very close to it. If it plays out the way I think it will it will try for the Fib at 119.52 which equates to 1195.20 for $GOLD if I have my math correct. Message 24472735 Here's what I've been thinking. The 70.00 area here is just the right rim of the multi year cup. 20 would be the bottom area. There's a bigger measure that might be in play .. and another leg up from here. 120 seemed reasonable. 1200 for GOLD. Older Post .. Check the date. Message 24360493 Here's a close up of the other chart. I hope it meets with your approval.

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