Tuesday, March 30, 2010

Gold To Trade Sideways For a Very Long Time

Here is the latest INO video on gold. They say gold will not make new highs or lows and will trade sideways for a long time (12 months!). According to this, gold will trade between $1,226 and $1058, the reasons are explained in the video: Watch video.



My personal impression is that gold will head lower soon as the USD head higher, then this will reverse several months from now (USD lower and gold higher).

Stumble Upon Toolbar

No comments:

Financial TV

Blog Archive

// adding Google analytics