jpcavin's Account Talk

Re: Congratulations

Muy Bien. Y Tu... Como Te Va? Espero Todo Marche A Tu Favor... Hope Everything Goes Well 4 U 2...:)
 
Mr. Moderator...no fear...we are true ladies. No inappropriate smack talk on this thread. No, sur!

(but if you call 1-900-TSPTalkDIRTY, you might hear some there)
;) :laugh:
 
Re: Congratulations

"First week in July, I think Gold will start correction down to 200-MA (US$1,289.16) and later maybe even lower to test the long term trend-line on the logarithmic monthly chart one more time.
This should give us the final opportunity to buy Gold below US$1,300.00 (probably around US$1,270.00) in the first week of august. From there I expect a volatile but sustainable rally towards US$1,525.00 until November."
Gold and Silver | Florian Grummes | Safehaven.com
 
Gold's 1st Daily Cycle typically rallies until day 18-20 before topping, so on day 13 here we're likely to see another push higher before Gold turns down into its 1st Cycle Low. There is no way of knowing how powerful the remainder of the Cycle will be, but the average 1st Daily Cycle adds 10%. If that happens this time, Gold will top at around $1,364.

From a technical standpoint, the $1,500 area stands out as a potential top for Gold's coming move. At $1,500, Gold would test a key bear market resistance level and the point where bulls unsuccessfully mounted a defense. For the investors who trade on the Investor Cycle timeframe, we've finally got the turn and confirmation we've patiently waited for. All of that said, however, please remember that in investing, there are no guarantees. I will never stop repeating this phrase. But with a confirmed new Investor Cycle in play, the odds have dramatically shifted and the bulls should now be calling the action.

Few Believe Gold Can Shine | Poly | Safehaven.com
 
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