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Message: Gold May Soon Sky Rocket or Plunge: It's at a Critical Juncture,says Tim Woods .

Gold May Soon Sky Rocket or Plunge: It's at a Critical Juncture,says Tim Woods .

posted on Jan 10, 2009 10:08PM

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,

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