GCZ7 Chart (Comex Gold)
Sunday,28October
Dear readers,The trend is simply (still) up until it isn't. The move is extended and as the price keeps climbing the risk for a sharp sell off is also increasing. But for now after a modest ~25$ correction gold quickly recovered and made a new high. The trend (since August) support is currently coming at ~758$ . From an Elliott wave perspective (according to my count and understanding )support is
Gold Yen
Thursday,18October
Gold Yen indicates some kind of top (short or mid term) is around here so take note and be conservative with bearish USD speculation.
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