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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (44647)11/2/2005 9:31:12 AM
From: ItsAllCyclical  Respond to of 110194
 
>> Gold - suprises to the downside to come. Retest of $415 to $418 likely. <<

Any fundamental basis, or is your opinion solely based on TA? Curious.

It's certainly possible, but I think there's less downside myself. US Dollar may continue higher ST, but gold has broken out in all of the worlds major currencies. I don't think the US Dollar is going have as much impact ST.