History Suggests an 80% Chance Gold is Higher a Year from Now with the Potential for Gains Reaching or Exceeding 20%

2012-10-04 · by Brandon J. Ferro · in Commodities, Gold, Historical Analysis, Technical Analysis

Technically speaking we recently noted gold has been battling its first real test of resistance since bottoming in May at $1,525. Specifically, gold has been battling its 61.8% retracement level formed b/t its 2011 highs and 2012 lows for the…

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