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Strategies & Market Trends : John Pitera's Market Laboratory
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To: John Pitera who wrote (14019)4/16/2013 1:19:40 PM
From: Hawkmoon  Read Replies (1) of 33421
 
More important than the breakdown in Gold, that 1500 level of support has now become serious resistance.

And I think this chart that was posted elsewhere is very indicative of what may happen to Gold in the coming months and years..

businessinsider.com

Of course, there is always the possibility of a huge "black swan" event..

Hawk
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