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GOLD is DOA


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#1 iloli way

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Posted 17 October 2015 - 03:33 PM

Gold's rally in October is DOA at the doorstep of yet another bear flag's red line.

If we are to believe what this LOL chart is telling us, even history promises us nothing but as long as we can still enjoy our brunch as good as all other weekends in our memory charts, LOL or not - this bear flag should be a no difference.

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:lol:
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#2 fib_1618

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Posted 17 October 2015 - 04:23 PM

Through Friday.

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"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#3 dougie

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Posted 17 October 2015 - 04:48 PM

"If we are to believe what this LOL chart is telling us, even history promises us nothing but as long as we can still enjoy our brunch as good as all other weekends in our memory charts, LOL or not - this bear flag should be a no difference." Could you kindly explain what that means?

#4 nimblebear

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Posted 17 October 2015 - 05:06 PM

so very interesting how people can draw charts or lines and come up with different interpretations. :rolleyes:
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#5 iloli way

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Posted 17 October 2015 - 10:37 PM

"If we are to believe what this LOL chart is telling us, even history promises us nothing but as long as we can still enjoy our brunch as good as all other weekends in our memory charts, LOL or not - this bear flag should be a no difference."

Could you kindly explain what that means?


"If we are to believe what this LOL chart is telling us, even history promises us nothing but as long as we can still enjoy our brunch as good as all other weekends in our memory charts, LOL or not - this bear flag should be a no difference."
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton

#6 dougie

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Posted 18 October 2015 - 12:56 AM

whatever

#7 iloli way

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Posted 18 October 2015 - 01:26 AM

whatever it is, a bear flag it is, whatever it is, I've said it, wish everyone one more weekend good brunch tomorrow, u r welcome :lol:
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton

#8 pisces

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Posted 18 October 2015 - 07:39 AM

whatever



I agree with your question above.lot of people here like to speak in puzzles .we all know what a bearflag is,so why make it easy?muck it up and make a puzzle out of it. :o

#9 gismeu

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Posted 18 October 2015 - 09:54 AM

dougie,

I take it as gold going down to at least to the bottom line of this flag.
Also, see here: http://chart-pattern...om/bearflag.htm

hope this helps, gis
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#10 relax

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Posted 18 October 2015 - 10:08 AM

it is very simple, the guy is bearish and believes it will go down i have rarely seen anything more simple