Friday, February 1, 2013

Gold ready to move on down the line?

Option Wizard® Trading Method is saying gold may be ready to move:

8.80 86.21%       (28,853) 1668.10 2/1/13                 167,097
-25.70 85.22%        10,837 1659.30 1/25/13                 195,950
21.70 88.09%          6,641 1685.00 1/18/13                 185,113
6.50 85.67%       (10,187) 1663.30 1/11/13                 178,472
-0.70 84.95%             995 1656.80 1/4/13                 188,659
2.00 85.02%       (14,470) 1657.50 12/28/12                 187,664
-40.70 84.80%       (12,746) 1655.50 12/21/12                 202,134
-8.30 89.34%         (2,716) 1696.20 12/14/12                 214,880
-10.50 90.27%       (34,451) 1704.50 12/7/12                 217,596
-37.00 91.44%        15,983 1715.00 11/30/12                 252,047
39.10 95.57%        11,269 1752.00 11/23/12                 236,064
-17.90 91.21%        17,053 1712.90 11/16/12                 224,795
53.90 93.21%       (15,022) 1730.80 11/9/12                 207,742
-35.20 87.19%         (9,901) 1676.90 11/2/12                 222,764
-8.40 91.12%       (14,718) 1712.10 10/26/12                 232,665
-35.30 92.06%       (19,605) 1720.50 10/19/12                 247,383
-22.60 96.00%         (2,282) 1755.80 10/12/12                 266,988
7.80 98.52%          6,915 1778.40 10/5/12                 269,270
-3.20 97.65%        12,722 1770.60 9/28/12                 262,355
2.80 98.01%        12,542 1773.80 9/21/12                 249,633
34.50 97.69%        17,705 1771.00 9/14/12                 237,091
44.80 93.84%        15,762 1736.50 9/7/12                 219,386
21.40 88.84%        32,402 1691.70 8/31/12                 203,624
54.50 86.45%        27,282 1670.30 8/24/12                 171,222

Most oversold since Aug. 2012. Whereupon the yellow metal jumped $100 in weeks following. Pundits are calling for more than $100 here. (Read Bill Gross' latest essay). Are we near lift-off?

1 comment:

  1. You haven't made a blog post in one month, and you say "gold might go higher"? Can you tell me what service you provide? Thank you.

    ReplyDelete