muses of the moment

January 3, 2013

Alf Field on gold in 2013

Filed under: Gold and Silver Investing, Precious metals — Tags: — totallygroovygirlfriday @ 8:28 am

Click here for Alf Field’s thoughts on gold via Jim Sinclair’s website. We are still in the long term 3rd wave to $3500, but Alf looks at some minor waves in the link.

Update 1-4-13: Alf suggested in the above link that a dip below 1636 would render the analysis void. We dipped below 1630 prior to open this morning (1-4-13). Let’s not discount Alf’s conclusions yet. The shorts read Alf too. Let’s see if those lows are sustained for more than a few hours prior to a NY open.

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