This is a syndicated repost published with the permission of Gold Traders Almanac. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.
The HUI FCS continues on a SELL signal but could change to buy very soon. Gold is consolidating just above $800 and forming a very reliable continuation pattern; the high, tight pendant formation. A convenient feature of this structure is they frequently mark the midway point of strong price impulses; so another surge to $975 appears to be close at hand! This is […]
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