Friday, September 23, 2011

Gold and Silver Forecast Update dated 9-23-11

I commence with my gratitude to The Creator

In my previous post, I stated, when gold did fail to recover the $1,818 level (and failed also at the $1,785) then my bearish chart took over. Where I had stated that Gold would tumble, at least, it keeps failing to find the support at $1,785, "LAND IN THE SAND", and I further forewarned to watch out for downside of at least $180-$210.

One of my subscribers/students, once asked me about Silver when it started rallying in July. I told him that Silver hit $30, before, it go back to the $50 level.

No comments: