Loading ...I’m a broken record
“It is said that a true bull market creeps up on people when they least expect it. Perhaps because everyone is still talking about the bashing that gold took since 2011, they are overlooking the fact that gold has remained more or less unchanged in USD terms for the last 18 months and it has begun to trend higher against every other currency!”
http://www.zerohedge.com/news/2015-02-05/stealth-bull-market-developing-gold
http://scharts.co/1zbO780
Bottomz Inn
11 yr bear market in the miners vs gold, maybe needs to be longer to flush out weak hands …g..
the fib resonance with a 38% extention off the old high is notable to me . Also the symetry of equal sixe in the 2000-2004 leg and the one drawn to 1000. exact same size, again resonating with fib extention. who knows though..anything can happen
Great Chart Grin
Optomistic I see
no not really Fully. Hard to ever be optimistic about this sector. I just note the ridiculousness…g…break out today = breakdown tomorrow..