Thursday, February 25, 2010

Gold To Drop Until Early/Mid March

INO just issued a new video on gold. The video shows that gold is making lower highs and lower lows, which does not bode well for its near term price. Moreover, the cycle from high to low (between highs) is around 20 days. INO believes gold has another couple of weeks of sideways to down action.

Track GLD ETF, and note that we track miners live.

Watch video "Making Sense of Gold"

Video also shows the Donchian Channel:

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