Gold Price Today is Truly a Golden Opportunity to Accumulate

As I mentioned to Jim Sinclair today on www.jsmineset.com this has to be a golden opportunity to add to your bullion holdings.

I see a reverse head and shoulders in the making. This would make for a small bear trap of the trend line in orange which should make the fans of intervention very happy in the short term anyway!


Jim,

This has to be as good as it gets for those who didn’t have the courage to buy at $850, the point you told us many times was the end of the fishing line.

At $1,200 Gold we will look back at the Gold chart and realize this was a golden opportunity!

CIGA Alex

Note on the US DOLLAR INDEX,

I don't rule out short term intervention to bend the charts but I do rule out success on any long term basis.