"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Tuesday, December 7, 2010

Bearish Engulfing in the PM sector

I do not usually micro manage individual candles, but these bearish engulfings, if they stick, will signal a good possibility of further short term correction.  Subscribers, refer to HUI pullback support levels sent out yesterday.