Elite Swing Trades

[SwingKing]

YEAH......This is a very very exciting time to be in the gold market. We haven't been perfect but we've made some damn good metal calls this year. Im not trying to put this off but it deserves a much more detailed explanation than I can give tonight.

If someone can find the DX chart I posted back in May that had the bottom target posted it may help with my explanation. Regardless I'm going to spend some time laying this one out for anyone that's interested.

This is without question an opportunity that simply doesn't come around that often and IMO long metal plays are currently investment grade. Of course I'll be trying to time as much of the move as possible to take advantage of the technical opportunities but LONG money has got a huge bottom that's being put in here.

I've said it before and I'll say it again. Gold is starting a multi-year bull run and I'm accumulating.

Of course the question is do we have a bottom? I believe we've reached my bottom target range but that's not the question. Now the question is not only do we have a bottom but if we don't will that bottom be in the triple digits?

ST, I'm not copping out but the technical perspective deserves more of an explanation than I'm prepared to present at the moment.

More to follow