Thanks To The Buck!

April 9, 2014 - 10:36am

 by Gary Wagner

Gary S. Wagner - Executive Producer

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Gold Forecast: Proper Action

As an aggressive trade, BUY gold and silver at the market. Current price of gold is 1308, current price of silver is 20.06 STOPS: Gold below 1285, Silver below 19.58

Gold Market Forecast

Over the last week we have been looking for technical studies that would confirm that a bottom in gold prices has occured. Today's upside action has given us just that. The current model we are looking at shows that gold prices could still be in an A,B,C correction, and that we has begun the "B" wave. Typically this wave will retrace 50 to 75 % of the "A" wave. Today's show will detail that model with specific targets based on that model. We are therefor issuing a Buy Signal - details in Proper Action.

Sentiment Indicator: