A Market Timing Report based on the 11-22-2013 Close published Sunday November 24th, 2013
Under the pressure of rising interest rates, gold is breaking down again as the chart shows below. It is a Bear market. No buy there. Wait until support forms.
Here’s the chart:
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Standard Disclaimer: It’s your money and your decision as to how to invest it.
I thank Worden Brothers for the chart system I use to post these charts. If you want to know more about the charting system I use every day, go to my “Other Resources” page here: Other Resources It makes it much easier to follow along with me if you can see the charts and manipulate them on your own computer, so it’s a great investment to have an excellent charting system.
Look for updates on the main chart tracking pages this week as I feel they are needed and comments via Twitter.
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