[code=auto:0]http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$xau,uu[h,a]waclyyay[df][pb50!b200][vc60][iub14!la12,26,9]&r=7776
http://www.321gold.c...51304_gold.html
US dollar index is also looking toppy according to downtrendline and resistance level, which means that gold should go up. I am aware that the monthly macd on gold has broken down though - so is this a short rally coming? Or is Ian Gordon right that the USA is toast and $500+ gold is next. My own work is showing that 2012-2014 is where the high in gold comes in.
Russ
Gold Bottom Article by Ian Gordon
Started by
Russ
, May 13 2004 03:44 PM
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#1
Posted 13 May 2004 - 03:44 PM
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/