True: no-one knows. But I always find analysis useful. As a small stacker I need to get documented. Yet, I know not all sources are totally accurate, so they can't predict anything precisely. Even knowing with approximation or understanding the factors helps in finding the next best price to buy.
OK, so this is it: I think this is not a strong bearish trend's start. It's just a spike. If you watch the charts, it looks like a set of stairs. I personally think that after this a fall will occur. And the downward staircase will continue...
I'm always open to ideas from people who know/understand more about how this market works. I'm a PM bug, but no expert. Hope to learn more about precious metals... eventually this entire financial system will end somehow...
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Re: "Bounce in Gold is a Dead Cat"
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