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Croesus I

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Croesus I

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Re: CowBoE post# 3016

Friday, 12/19/2014 1:14:19 AM

Friday, December 19, 2014 1:14:19 AM

Post# of 20558
Bear markets can get pretty bleak & looking at historical prices points in the past help with various support & resistance levels.

GOLD has been in a Bear market longer than Oil, and the problem is that there has been a 'reset' so to speak in the commodity markets. Other commodities are following GOLD down and GOLD is leading the way...

Any chart that is trading below the 200 day sma or 40 week moving average is in Bear territory.
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