12/16/2011 


 
Dear  ,
 
As 2011 winds down, it is already time to look to next year and begin making a switch from fundamentals, to hard-core technical analysis.

We should begin once again to appreciate the beauty of pure mathematics as applied to the currents of the tricky markets we are confronting.

In preparation for the upcoming years, please visit the KITCO.com commentary I posted today, which is a combination of looking back on the last year of action and an opening glance at 2012. The link is to your immediate right.

I'd also like to give you a quick heads up. Right after the holiday, I am going to be traveling and will be providing you with your daily and/or weekly emails, rather than videos.

Those emails will contain all the insights you normally would receive in the videos. 
 
As always, wishing you good trading.

 

 gary@thegoldforecast.com 

On Skype gary.s.wagner 

 

       Video Links 

 

 

Daily Gold &

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2012 Forecast .. Kitco.com

 

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Proper Action

Gold : long @ 1588 

 

 

 Silver: long @ 29.10 

 



MARKET FORECAST

Gary S. Wagner


  

   

GOLD:Yesterday's trade alert, which issued a buy signal, was predicated on the information contained in today's video. I am currently under the assumption that we are two thirds of the way through the final C wave. Furthermore, we have just reversed and entered a minor wave 4. This wave should unfold as a $60-$100 rally to the upside in gold. This also should be followed by our final corrective wave (5), which, at its conclusion, will signal the end of this correction.

 

 

SILVER: We issued our trade alert and buy signal in silver based upon two primary factors. First: the belief that silver will follow gold, which issued a buy trigger. Second: a candlestick pattern was identified, which signals a bullish reversal. This will be discussed in detail in today's video.

Copyright (c) 2011 Wagner Financial Group 

 
Before deciding to participate in Gold or Silver investments, you should carefully  consider your investment objectives, level of experience and risk appetite. Most importantly with futures activity do not invest money you cannot afford to lose.There is considerable exposure to risk in any futures exchange transaction, including, but not limited to, leverage,and market volatility that may substantially affect the price of  gold and /or silver. Moreover, the leveraged nature of futures trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you.