GOLD MAY JUMP $120 IN ONE DAY, SHOULD YOU BUY? $GLD $SLV $GDX $GDXJ $DUST $NUGT
On June 23rd, Britain will vote on a referendum to remain or leave the European Union (EU). The referendum is known as Brexit. If Britain votes to leave the EU, gold has potential to jump about $120 in one or two days.
It is understandable that the first reaction of many investors is to buy gold, but should you buy gold for the short-term for Brexit based on rigorous analytical analysis and not just on an opinion? Let us examine the question in the following sections of this article.
Please click here for a large chart.
The annotated chart shows the logical Brexit target which is the first major resistance.… Please click here or the title below to read more.
June 14, 2016