Yesterday, we posed the question, has the gold and silver market topped out, and have we seen the bottom in the equity markets?
Today, gold and silver confirmed that they have topped out for the time being. The equity markets are another story, and I'm not quite sure that we have seen a bottom put in place for those markets.
You may want to take a look at posts that we are going to publish in the early a.m. hours of Thursday the 25th of August. Most if not all markets go through 7 steps and it would appear that gold has met all those criteria. This post is invaluable in my opinion for any serious trader. I think you'll find it very interesting and at the same time very timely. This is how markets act over and over again and you should make yourself aware of these 7 steps so you will recognize them in the future. So don't forget check our blog first thing on Thursday and read this very short and informative article that I am publishing.
