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Putting The Current Gold Price Correction Into Proper Perspective - Tim Iacono - Iacono Research

Tim your study and analysis are bang on. As long as gold trades above $ 1600 there is less cause for alarm. Any dip below those levels may be used as a buying opportunity. For those in gold purchased at higher prices, I recommend hanging on to benefit from the recovery.Once gold goes past $1700, the scope of making new highs are likely to brighten. Those in trade may also consider dollar cost averaging then rather than now.

Commented 4576 days ago

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Beginning of the headline :Following another sharp sell-off early in the week, amid signs of strong physical demand in Asia and the U.S. at recently lower prices, gold and silver bullion both posted their first gains in five weeks, starting to make back some of the ground that was lost during a miserable September, during which time the price of gold tumbled 14 percent and silver plunged 31 percent... Read More

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