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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: rdkflorida2 who wrote (529)	1/21/2014 12:48:06 PM
From: Kirk ©	Respond to of 26800

Thanks. Dent has been as wrong as most other pundits so I really don't care what he says other than for contrarian thoughts. Likewise, some popular pundits here on SI have been gold bulls forever and missed the crash completely. It seems most just talk their very long term views and I've not really found a good trading source for the metal. I'm not sure I'd trust what I read on any websites for demand and such... lots of conspiracy theories or just fake news to drive prices, especially for something that can be traded all over the globe. I'd rely more on hard (pun intended) data for this.

To: rdkflorida2 who wrote (529)	1/23/2014 12:04:19 PM
From: Kirk ©	2 Recommendations Recommended By Gottfried Jerome Read Replies (1) \| Respond to of 26800

Feel free to share this. Two of three bullish charts for gold... and the third could turn with the move up today. Gold and GLD Resistance and Support Levels Gold may have bottomed right at the dashed green support line I showed in an article last year. There are three Key charts to watch: Three Key Charts to watch Gold and GLD prices from 2007 to Today: Gold remains in a downtrend until the dashed red resistance line of this chart is broken to the upside. We are right there now.... Gold and GLD prices from 2000 to Today: This chart shows Gold tested a 2013 low right at the rising dashed green support line just below $1200. This tested "double bottom" could signal a reversal. The PNF (Point and Figure) chart shows a "double top breakout on Tuesday, January 21, 2014 with a "preliminary bullish price objective: of $1410.