I don't think it's going to be a breakout year for gold. I still think there will be opportunities in the future to buy gold lower. It's been almost seven years since the high. Sometime in the next year or two I certainly expect for gold to make a low and then to start going higher and higher.
Related trading instruments:
Related trading instruments:
- SPDR Gold Trust ETF (GLD)
- Market Vectors Gold Miners ETF (NYSE:GDX)
