Gold May Soon Sky Rocket or Plunge: It's at a Critical Juncture,says Tim Woods .
posted on
Jan 10, 2009 10:08PM
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)
Gold May Soon Sky Rocket or Plunge: It's at a Critical Juncture, says Tim Woods.
http://www.howestreet.com/audiovideo...
Woods, a Dow Theory Technical Analyst, says gold is approaching the time of its "nine year cycle low". So, if it maintains a price of around the current level of $850/oz as that 'low', then its uptrend from here could be explosive.
But if not, then its price could plunge.
More nail bitting ahead as we approach this critical juncture for gold,
Baires