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TFC Commodity Trading Forum

Re: Trades... take a look/ STR *LINK*

I did the same last week and bailed out when price could not re-clear the double bottom low. I was happy to get my money back and will wait for a better opportunity. Here is the seasonal trend chart for Gold. Typically Gold and the Gold stocks bottom in July/Aug time frame with the strongest time of the year from early Aug to early Oct. So we'll see if anything at all changes soon. The ABX/GOLD Ratio chart broke down to new lows today and is lower than the Oct 2008 lows.