Gold’s $817 Target By No Means A Done Deal

I’ve been using an $817 target for Comex Gold since September 2013. If the futures were to fall to that price, it would represent a 32% decline from current levels of around $1193 and a 57% decline from the all-time high of $1920 achieved in September 2011. A fall to $817 is by no means a done deal, however. For a concise explanation as to why, along with some very precise benchmarks you can use to evaluate and trade the swings, check out this five-minute presentation recorded on June 2.

To view this video you must first enter your email address. By entering your email information you are subscribing to the Rick’s Picks newsletter which delivers one daily forecast to your inbox.

from http://ift.tt/1dLvMMO

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s