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Message Subject Final gold and silver plunge coming up soon?
Poster Handle Punk-A$$ets
Post Content
If the more than a year old downtrend remains in place and we dont get an immediate waterfall crash, we could see a rally up to the $1300 level due at the end of December 2013 before resuming the downtrend again. Take a straight edge and draw a line on the tops of the rallies since last oct:

[link to finviz.com]

However, if we get that next downtrend after another month, its coming awfully close to the $1200 level. So that sets us up for an end of Jan $1180 retest? It'll be interesting!
 
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