Gold starting down again....
Although our gold short via DZZ, DoubleShort Gold ETF, has proved disappointing-down 10.8% since 5/4/12-we suggest you hang on. Today's price action and the chart view adds confidence to our view a big fall is just ahead...despite the rally in stocks today, gold was off about $24. Key support is now at 1,674; a break of that level and we believe the 1409 target is very much in play.
Market Vitals | 28 November 2012 [http://www.blackswantrading.com/storage/market-vitals/112812_mv_gold.pdf] ~ [http://www.blackswantrading.com/storage/market-vitals/112812_mv_gold.pdf] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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Black Swan Capital | Southwest | Palm City | FL | 34990