Originally Posted by
ericoleman
Thanks for the presentation Mike. What sort of timeframe do you have for this type of trade? Very appreciated.
If gold is putting in a long term bottom my time frame of this trade is more than one year. Yesterday gold got turned back at a critical juncture. It will take some time to figure out if I have been faked out. The chart below shows that gold got turned back at a downward resistance line out of a possible bear flag pattern. Gold needs to get back above this line.
Mike Scott
Cloverdale, CA