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My name is Brian Kiely. I have made a living analyzing Foreign Exchange and Fixed Income markets for almost twenty years. Linkedin:
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  • Gold Has Fallen Through The Floor!!! 0 comments
    Apr 15, 2013 1:17 PM | about stocks: GLD

    The base of the past twenty months at 1522 is now gone. The twelve year trend as described by the 175 week moving average has been broken. In addition the market has shot lower with a sustained momentum indicating this move is not a minor correction but a new trend.

    My targets are 1312 and 1222. Intra-day a bounce towards 1480 should attract fresh selling.



    Stocks: GLD
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