- Posted January 1, 2014 by
Gold will shine in 2014
In 2013 the price of gold made new lows during the last two weeks. The final low was at the Babson profit ladder point seen on the above chart. Prices normally utilize these lines for support and resistance.
In the video covering the fall during 2013 at www.andrewscourse.com You can see on the daily chart that prices tried ever to hard to stay past the median line but were unable. This along with the Babson indicator suggest that the bottom is in and what some will think is a boom is starting.
The initial up move will be seen during the first half of January 2014 and if all works out into April.