Mark Leibovit, editor of VR Gold Newsletter, said he favors gold, in part based on the calendar.

FORBES: Major Of Survey Participant See Gold Rising Next Week

One example of this thinking is from Mark Leibovit, editor of VRTrader.

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Mark Leibovit, chief market strategist at VR Gold Trader.com, pointed out that a precious metal exchange-traded fund that he watches, ETFs Physical Swiss Gold shares (SGOL), put in a key reversal.

FORBES: FOCUS: Gold Nearing Important Technical Chart Support Levels

"A bullish tone has been set, and we are not of the belief that this rally is a bull trap to be followed by a serious decline, " says volume-reversal specialist Mark Leibovit of VR Trader.

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