Established in 2006 as a Community of Reality

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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Gold & the Rally

    Lobo
    Lobo
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    Posts : 28411
    Join date : 2013-01-12

    Gold & the Rally Empty Gold & the Rally

    Post by Lobo Thu 15 Oct 2015, 6:54 pm

    Gold & the Rally

    Posted on October 15, 2015 by Martin Armstrong

    Gold & the Rally GCNYNF-M-10-15-2015
    We need gold to close above 1187.50 tomorrow to signal that a further upside is possible. We need a daily closing above 1206 to suggest pushing higher. If we can get a weekly closing ABOVE 1210, then we can see a pop up to the key technical resistance at the 1285 area. Caution is ADVISABLE. The further we move up without breaking out, the greater the risk of a very sharp drop into the Benchmarks. As far as a real change in trend is concerned, looking across the global market landscape, not everything is lined up yet to imply such an event. We will let you know if this changes at all. So far, this is nothing unusual.
    Gold & the Rally GCNYNF-M-1984-2004
    How markets respond to our Reversal System is also a key factor. At the 1985 low, it took several months to elect a monthly bullish. In the case of 1999, we elected monthly bullish within one month of the low. In this case, we still have not elected any monthly bullish since the July low, which warns that this does not appear to be a change in trend and we still have a few months left.
    Gold & the Rally GCFOR-D-10-15-2015
    This entry was posted in Future Forecasts, Gold and tagged Gold, Gold Rally by Martin Armstrong. Bookmark the permalink.

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