We have had some very accurate calls on gold in the past. This week I had several VIP subscribers beg and ask to post a chart and give hints as to what we think is happening in gold and to give our gold predictions 2013
gold predictions 2013 - if you look at the chart below you can see that on the WEEKLY chart there are many people who are very very bearish on gold at the moment. The stochastics are now at extreme oversold levels. That means there are far to many bears at the moment still coming out of the woodwork.
Right now we want to be contrarians to the bears, or these bearish positions as things are oversold. All we need is for stocastics to cross and start heading up on the weekly chart below, and that would be a good signal to get long and make some NICE PROFITS, especially at the start of 2013. That is highly likely looking at the chart below.
We do not have the green light yet!, but looking at the chart below it is not too far away. :-)
|gold predictions 2013|
This chart and analysis would closely make our gold predictions 2013 for the next few months. One must be patient I think with gold, however this is setting up very nicely and we will continue to monitor it over the next several weeks.
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