Gold Price Uncessuccfully Maintence Above USD 940
















The GOLD PRICE also dipped below its 50 DMA (930.35) and closed on Comex at USD927.10, down 13.30. Several different plots might unroll:
  1. The gold price might stop right here, or
  2. The gold price might return to its 918.00 previous low and make a double bottom there, or
  3. The gold price could drop through 918 to 900 or lower.
If all this sounds bearish however, remember that time is running out for lower gold and silver prices and I think and hope gold will go down and give all of us one last chance to buy gold on the cheap, before gold blows through USD1,000 on next bull run.


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