Thursday, November 19, 2009

Is it Time to Keep an Eye out for a Pull Back in the Gold Elevator?


The gold market continues to steam roll ahead as it gets closer to our $1,300 target zone.

As we have stated before, gold is in a fully fledged bull market and sharp pullbacks are to be expected. This is not to say the bull market is over, it is more to say that pullbacks should be looked upon as opportunities to add to or initiate new positions.

In our latest video we give you an idea of what we think is going to happen to this market in the short term and long term.

Just click here to watch the video and as always our MarketClub videos are free to watch and there is no need to register. Please take a moment and leave a comment to let us know what you think of the video.

Good trading,
Ray C. Parrish
President/CEO SMC

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