That's why he is always right. He changes his view to align with the way the wind is blowing That's why l like John Howell's analysis. He said sideways moves until moving averages catch up to the gold price.
I view last night's dip to $2,181 as a retest of the breakout area. Damage minimal on the GDX and HUI down around 1%.
A$ gold at $3,320 may give our Goldies a bit of a reprieve, but it looks like XGD 7,000 will have to wait for now.
That's why l like John Howell's analysis. He said sideways moves until moving averages catch up to the gold price.
