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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: SGJ who wrote (31359)	4/26/2012 1:45:23 PM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 222719

Very frankly, I really think so too, gold is likely to go higher, but the selling in this pull back may not yet be over... I'm following my model and I need a clear buy signal before I go jumping head long into gold... I know one thing is for certain, the gold market is not going to run away without me, there is no way that market could leave me behind, so I need to wait until my model tells me the bottom is really already in place... then, I could buy with much greater confidence without worrying about it... for today, I would need a close above 1676ish to confirm the lows are already in place... we have yet another 4 weeks of possible chopping around with a downside major VP for June gold at 1608.70... so, I'm in no hurry to buy today... GZ