User: facesincabs: Bubbles: sc.png
Gold Short Term .. I am looking for a test of 1351 area .. many tried to catch a "falling knife" with gold Thursday and are today paying for that. Realize that gold entered a BEAR MARKET when it closed below 1500.
bear = sub $1000? I don't thinks so.....gold will rocket higher
@sparky .. who said anything about sub-$1000 ??? .. not sure where you got that .. most trained technical traders know that a bear market is distinguished by a 20% decline from a top (which gold accomplished when it closed below 1.500 (20% from the July 2011 high)