gold to mark time for quite a while, page-3

re: gold to mark time for quite a while (wod) Hi Wod,

Nice charts - & certainly food 4 thought.

I do believe that both oil and gold are in long term secular bull markets.

Having said that, when gold formed a recent double top it signalled, for me, an exit signal. Weakness / consolidation in the POG is still evident and I don't think the time is right yet for re-entry.

In contrast, oil's chart is still in powerful uptrend - best to make $$$'s there while awaiting gold's revival.

I just think there is far more certainty with the oilers at the moment.

Good luck.