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Tuesday, November 16, 2010

Two Options For Gold Prices

NEW YORK (TheStreet) -- Phil Streible, senior market strategist at Lind-Waldock, says there are two ways gold prices can go after Friday's big sell-off.

.Phil Streible,..:..." ...The gold prices you know they've been -- back a little bit -- a kind of wait and we -- last week that they. Profits on the market around fourteen -- broke caution out there. I'm gold price they're they're probably gonna continue to sell off a little bit here -- to an upward trend line from last August. If you collect. Next August and November. On the an upward sloping trend line he would it's right -- on the -- fifty range which has also. -- 61% retracement. In the thirteenth fifteen at 1425. I so as long as we get a reactionary. -- where we we bounce off the boat -- there and start to work comp. Probably use that what what do you know had. -....

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