Is Gold a Safe Haven from the Fiscal Cliff?
From dshort.com - Advisor Perspectives
December 28, 2012 - 3:25pm
Dec 28, 2012 Chris Kimble Gold has had a great run for the past decade, and nothing at this time is reflecting that the run is over with. Fibonacci resistance did slow gold's strong rally back in 2010;Gold stopped on a dime when it hit the 261% extension level at (1) in the chart below. The support line of the decade-long rising channel is being put to a big test at (2) right now.More...Continue reading this article »