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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (4118)

1/13/2014 10:01:09 AM

From: Goose94

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Gold: diddlysquatz take on gold bullion. With chart Message 29328148


For what it's worth I think there is a very strong possibility of a major bounce in gold and the gold stock index. Technicals are showing heavily oversold conditions on a weekly chart. Extreme bearishness is a very good sign and some of the majors have put in strong basing patterns. I also think today's news of Goldcorp chasing Osisko is a bullish sign.

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