GOLD 0.51% $1,391.7 gold futures

Major Trend Change

  1. 9,377 Posts.
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    Chart for GLD (Etf for US$ Gold):


    The volatility coming into the Gold price is, I think, indicative of a change in trend.  I suggested this in the Weekend Report.  The past three days have been quite volatile as big players chop and change their positions.  Volumes have been elevated the past few days.  This has all the hall-marks of a major turning point in Gold.  November-February are the best four months of the year.  There will be hiccoughs - but for those willing to risk an arm - this is looking better.

    Redbacka
 
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