Loading ...December Low – Something To Ponder
Everything I’m looking at points to a significant low in December. It may be a little early to start heading towards it just now (I think Gallo mentioned that in a recent comment). I pulled up a gold chart and threw some significant lines onto it. Thoughts ?
1375ish then 1300. GDX 26-27 to get us all lathered up then 23-24. You way smarter than I am though:). This looks just too easy here. Need more froth for that bigger smack down to come.
You could be right there. The trend should be our friend though 😉
I believe there is one more leg up b4 $1250-$1300 smash down. $1425 would be nice.
Same camp. Another move up to a lower high or double top.
Then down into end of year.
Ie, more sideways nonsense on the big picture here at higher degrees.
Good eye Northstar those december lows are quite something last few yrs.