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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (104169)	1/13/2017 2:53:49 AM
From: John Pitera	Respond to of 116786

Gold 14 month daily chart should have been included on previous post.... it has additional Fibonacci retracement levels showing that Gold is coming into the 50% resistance zone of it's previous bull market move. JP

To: John Pitera who wrote (104169)	1/13/2017 12:58:50 PM
From: Rarebird	Read Replies (1) \| Respond to of 116786

John, this is excellent, insightful work. I sold NUGT because I saw how it began to retreat when it failed to surpass its 1/5 high. I took that as an ominous sign moving forward short term, over the next week, in light of the fact that I expect a bullish options expiration week for equities. NUGT is holding up better today (so far) than I thought it would. But I wouldn't be surprised to see the Miners consolidate their gains and come under some selling pressure next week before the rally resumes on 1/23.