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'Blog Archive ? One good reason why Gold may have bottomed out' expats


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Blog Archive ? One good reason why Gold may have bottomed out

-- expats
Forum Post
12/29/11 14:03
Gold Mine

Blog Archive ? One good reason why Gold may have bottomed out

Thank author of this post/commentDec 29 (Commodity Online) - What followed was not a plunge that erased the whole bull market. It was not a prolonged consolidation either. The fact is that similar "breakdowns" have been (in all cases seen on the chart) followed by the final bottom of the consolidation (not to far below the line that is has broken), which was in turn was followed by a strong rally.

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