Citi: "Gold Is Putting In A Base"
• http://www.zerohedge.com, by Tyler DurdenGold is putting in a base
Gold continues to look constructive overall and a test of $1,361 and eventually $1,433 is expected
A rally through there would be a major bullish break.
As seen throughout the last major bull market in gold, there appears
to be an inverse relationship between Gold and Equities at this stage of
the cycle
While we have not yet seen significant bearish breaks on Equities,
just as we have not seen bullish ones on gold, the price action on both
are beginning to point towards exactly that.
