Based on my technical analysis gold will drop to $1,450/oz. before the end of May and then go parabolic in the next C-wave to $3,950/oz. Below is a chart of how I see the price of gold unfolding over the next while – and why.

Below is a chart of how I see the price of gold unfolding over the next while.

So says Juan Eduardo Morales Veas* (www.MoneyGreedAndFear.com)  in an exclusive posting here at www.munKNEE (Your Key to Making Money!). This paragraph must be included in all article re-postings to avoid copyright infringement.

1. The trend is your friend.
2. Let the winners run.
3. Cut your losses quickly.
4. Never average down.
5. Never underestimate the strength of a trend.
6. The big money is in the big trend.
7. The main financial markets´s task is to deceive you.

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• a Financier & Asset, Portfolio & Wealth Manager
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• a Bullion Star/Master Trader
• an Introducing Broker to Alpari (U.K.) Limited
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• a Referring Broker to Forex Capital Markets Limited
• a Partnership Member of Equis International (Thomson Reuters) and
• a Content Contributor to Bull Market Thinking & munKNEE.com.

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