InvestorsHub Logo
Followers 83
Posts 6960
Boards Moderated 0
Alias Born 01/29/2007

Re: tsoprano-1 post# 2212

Thursday, 05/19/2016 8:27:56 PM

Thursday, May 19, 2016 8:27:56 PM

Post# of 2291
ArticelWithChart Edelson, 3/4s Done?

found it http://www.weisseducation.com/beware-of-the-gold-rally-7990

BTW I copy the charts to disk, just in case they decide to "enhance" it later.

What the charts for gold stocks and gold show, is that 3/4s of the "crash" should be over by now. in other words, maybe teh bottom is 1240ish.

The 5-18 minor peak was uncanny. But if its really accurate then its 3/4 done price wise.


TEXT:
A. Although I did not issue a buy signal, I nailed the bottom in gold again, at the $1,044 level in late November/early December last year.

B. I’ve nailed the recent trading range, the recent sideways action between roughly $1,220 and $1,280. A $60 range that no one in their right mind, except day traders, should try to trade or invest in.

Click here to learn how to trade my short-term forecast for gold

C. And soon, you will realize that my short-term forecast will bring gold back down to below $1,200, the $1,160 to $1,180 level …

D. That when you see those price levels for gold, you should start backing up the truck!

E. Furthermore, there is nothing, and I mean nothing, that yet convinces me that my long-term forecasts for gold will be wrong and that gold will hit at least $5,000 by the year 2020.

Keep in mind my models on gold have never, and I mean never, missed one single major turning point since 1978. Not one.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.