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).

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