I took the 8-day simple

    Comments on Gold

    Posted by frtaylor on 23rd of Aug 2011 at 03:54 pm

    I took the 8-day simple ma (not ema) and multiplied by 6.5 (= 52) and plotted that on my hourly chart.  That's what's showing 177.50 or so.   Is that not the way to look at the 8-day when using the hourly?  Plotting on GLD.

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