View Single Post
  #9  
Old 10-02-2013, 11:45 AM
pika's Avatar
pika pika is offline
Senior Member
 
Join Date: Oct 2012
Posts: 1,259
Default

Quote:
Originally Posted by freeier View Post
it can be either way right..

if you ask me my bet is a break down before it consolidate and goes into heaven... no reason for pm to start their run unless there is a big currency crisis
Since the focus of this thread is TA, I am interested to know if you have a technical perspective behind your opinion, where price may fall to. Fundamentally, we have no doubts on where price should be heading to, and technically the market has been respecting the long term trendline to the upside since 2008. Hence, i will only change my outlook if price breaks below that yellow baseline. We will know the outcome very soon.
Reply With Quote