By Avi Gilburt:
I wrote my first 2013 article discussing GLD in January. In that article, I noted that my next target region for GLD is the 154/155 region. This past week, we hit a low of 154.56. So, has GLD finally bottomed?
I do not yet think so. But, I believe that another long term buying opportunity is just about at hand.
For those that have read my work in the past, you know that my primary analysis method for the metals tracks sentiment through the use of Elliott Wave analysis and Fibonacci mathematics. Yes, I know there are many "fundamentalists" that do not believe that this is possible. We have heard your "comments" many times before, and just claiming that it is not "possible" in light of the accuracy of the targets we present here is simply not reasonable. But, for most of the readership, I hope that I have
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