Samstag, 3. November 2012

GLD: Hungry bear

As the equity exchange doesn`t perform upside-way some commodities also perform similar or worse. Well, as i there aren`t any positive indicators i`ll show you what my next target is. My next target in Gold is 1.7% lower and i bet really hard it will reach that target.

 Red line is next retracement which would give a sign for lower sideway consolidation (yellow)