Peter Grandich
Peter Grandich
bull doubt gold remains secular
There should be no doubt that gold remains in a secular bull market.
allowing assault beginning broad correct entered gold itself market overflow range situation trading
After an overflow of bullishness at the beginning of the New Year, the gold market has entered a broad trading range between $535 and $570. This is allowing a very overbought situation to correct itself and set the groundwork for an assault on $600 this spring.
corrected either sorts technical
All sorts of technical indicators that were very overbought have now either corrected or have become oversold.