- See more at: http://blogtimenow.com/blogging/automatically-redirect-blogger-blog-another-blog-website/#sthash.CpFtWfic.dpuf Traders digest: CTA analyst Matthw Bradbard on GOLD

Thursday, 4 October 2012

CTA analyst Matthw Bradbard on GOLD

"December gold continues to stall around the $1780 level …some people say taking a breath before the next leg higher, but I am thinking the opposite. For a healthy bull market to be sustainable, we must see some back and fill. My prediction remains the same -- a trade under $1700/ounce in the coming weeks. $35 continues to cap December futures in silver, as prices have yet to breach that level on a closing basis after three weeks of attempts. My first target when prices start to roll over is $33.75, followed by $32.40 …trade accordingly." alpha

No comments:

Post a Comment