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Strategies & Market Trends : John Pitera's Market Laboratory

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John Pitera
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To: John Pitera who wrote (18573)1/5/2017 10:43:24 AM
From: Fintas2 Recommendations   of 33421
 
GOLD has bottomed!

So the question now is how long it takes to get from the pivot I use 1080 to 1134/1188/1242/1296/1350/1404/1458.

What does that do for NUGT? HMMM what did it do for NUGT the last time GOLD moved off the lows of 1045 to the 1360 ish? Only to point out this recent down of GOLD was but an attempt to retest that LOW.. IT failed. Now we get the flip side as many Tech indicators I used to see GOLD down now are turning UP.

So once that 1458 is in.. GOLD bulls best be considering 1944 again and this time it WILL be HIT. NOT if but when!

BWDIK re GOLD.. ;>)

Fintas
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