by Rambus
Gold Seek
As the consolidation phase continues to build out from this first impulse move up in the precious metals sector lets review some of the charts we’ve looked at previously that suggested the bear market might be over. Most of these charts will be ratio charts which compare different sectors to one another These rather complex charts can give us some hidden clues that an important reversal may have taken place.
The consolidation process takes its toll on both the bulls and the bears alike. As you know there are never any guarantees of anything when it comes to the markets so it’s always important to try and get the big picture right to get the odds in your favor.