Posted by hornsant on 11th of Jul 2008 at 04:00 pm
Gold has broken out of an inverted H/S pattern and already
tested the nekline, very bullish. As opsed to the US$ that is
braking down from a H/S pattern, very bearish.
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Of course that's best. But I'm
Just offering my strategy. .... For me one better than cash ...
Posted by kreem on 11th of Jul 2008 at 03:51 pm
Of course that's best.
But I'm slightly wary that most of GLD's 250% volume was red bars in the morning trying unsuccessfully to bury it!
timeframe
Posted by andreac on 11th of Jul 2008 at 03:55 pm
Planning to buy DGP in August, but thinking about taking a half position sooner. Gold is very tough one to read. Dollar has just plain stunk
go gold
Posted by hornsant on 11th of Jul 2008 at 04:00 pm
Gold has broken out of an inverted H/S pattern and already tested the nekline, very bullish. As opsed to the US$ that is braking down from a H/S pattern, very bearish.