Showing the importance of today's $50.00 move in the price of gold on a longer term basis.
The next technical expectation is for a snapback to or towards the breakout line seen on the chart.
Fib
2 replies to this topic
#1
fib_1618
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Posted 11 February 2016 - 05:55 PM
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
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#2
Russ
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Posted 11 February 2016 - 10:00 PM
The real breakout is up around $1400, as shown here by Armstrong....
"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/
#3
dougie
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Posted 12 February 2016 - 01:48 AM
What a day
I called 1260 a few days ago but could not imagine we would be there today
I called 1260 a few days ago but could not imagine we would be there today
Also tagged with one or more of these keywords: gold, trendline, breakout, volume
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