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Gold Price Bottom is Close - Video

Commodities / Gold and Silver 2015 Dec 18, 2015 - 12:42 PM GMT

By: Gary_Savage

Commodities

Transcript excerpt :
gonna do a quick little video on goal this morning we are getting pretty close
to at least an intermediate cycle bottom and possibly maybe the final bear market
bottom near Market St in a yearly cycle o gold is in the process of leading a
yearly cycle low right now so couple things I want to look at everybody is
bearish on gold expecting no new lows here soon and I have to say that's
probably the most likely scenario but there is the potential that we could
have formed a double bottom yesterday gold is balancing this morning as I was
recording also we've got a table in Japan crash signal senior gold is closed
slightly below the lower Bollinger Band and bottoms will often form on these on
these moves below the close below the lower Bollinger Band here's one right


Gary Savage
The Smart Money Tracker

Gary Savage authors the Smart Money Tracker and daily financial newsletter tracking the stock & commodity markets with special emphasis on the precious metals market.

© 2015 Copyright Gary Savage - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


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