The golden cross of the 50 ma over the 200 ma is in effect too. David Bensimon has reportedly (according to silver expert David Morgan) said gold will see its final decline taking out the 1180 floor in the coming months and then reverse rapidly back up.
http://stockcharts.com/c-sc/sc?s=$GOLD&p=D&yr=1&mn=0&dy=0&i=p34124119741&r=1396755691861.gif
Gold money flow most oversold since last June
Started by
Russ
, Apr 05 2014 10:56 PM
3 replies to this topic
#1
Russ
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Posted 05 April 2014 - 10:56 PM
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#2
pisces
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Posted 06 April 2014 - 06:39 PM
The golden cross of the 50 ma over the 200 ma is in effect too. David Bensimon has reportedly (according to silver expert David Morgan) said gold will see its final decline taking out the 1180 floor in the coming months and then reverse rapidly back up.
http://stockcharts.com/c-sc/sc?s=$GOLD&p=D&yr=1&mn=0&dy=0&i=p34124119741&r=1396755691861.gif
like always, i am not sure about where we are going.but $1380 is on my radar for now, then maybe a scary dip and $1400 something, then we will see.
#3
tria
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Posted 06 April 2014 - 07:03 PM
Good morning,
Next few days should/will be exciting for the Gold bulls, or so I believe.
Looking north.
-tria
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky
#4
pisces
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Posted 06 April 2014 - 07:33 PM
Good morning,
Next few days should/will be exciting for the Gold bulls, or so I believe.
Looking north.
-tria
THANK YOU, need all the help I can get
