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Where To Now (Gold)???

Originally posted July 22. 2013.

I posted this article http://www.safehaven.com/article/30329/yes-this-is-a-major-gold-bottom a few weeks ago. Please note the article was submitted a couple of days before it was posted. Look at a gold chart for those days. I have been long GDX. Tomorrow afternoon 7/23, I will be taking profits. I will immediately reverse my position and short the gold stocks. GDX and GLD will be at resistance. While I am sure that resitance will be overcome in about a month, in the meantime I am expecting a correction of 2-4%, particularly until 10/28. This is based on the vedic system of astrology.

 

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