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craunico
Member since March 2016
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PM Sector update - Not a Flag or Pennant But a Top - New Longs About To Be Fleeced

- Clive Maund -

Well you feeling stupid now are you not? Clive has called the gold market low earlier this year and now he has called the top. You gold bugs need to listen. Gold is not ready for prime time just yet. All the gold bugs need to be shaken out the trees first. When you get bearish thats when i will get long

Commented 3154 days ago

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Beginning of the headline :Many analysts and writers have described the pattern forming in the past couple of weeks in gold as a "bull Flag or Pennant" with some appearing to be "playing to the gallery" - i.e. telling their audience what they want to hear, which is that gold will continue to go up. I, on the other hand, decided that the triangle that had formed was not a continuation pattern, but a top, and said so about a week ago. So, as you will readily understand, I was not looking good when gold seemingly broke out u... Read More

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