Rosen Analysis On Gold, HUI Index & Silver

 

Gold peaked at every LTD # 4 high and every grouping of LTD # 1 high and LTD # 2 high. Every gold peak was either at the upper trend line or above the lower trend line. Every low took place at LTD # 3 low and LTD # 5 low. All the lows were higher lows. All the highs were higher highs. Gold last bottomed at LTD # 3 low in June 2013. The next high is due to arrive at LTD # 4 high.