Article Image
News Link • Gold and Silver

Citi: "Gold Is Putting In A Base"

•, by Tyler Durden
Gold 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.

Join us on our Social Networks:


Share this page with your friends on your favorite social network: