Posted by treid4dou on 15th of Aug 2008 at 05:29 pm
Regarding GG .....the 40 month MA has been long term
support.....Weekly CCI under minus 200 is way down and RSI close to
30....are deep lows seen on bottoms....RSI seems turning up
now....In a week...GG will have to recover.
Regarding XAU....weekly CCI near minus 300 have only been seen
in very few bottoms.....maybe historical ones.
I am not a TA whizz....so pls. check this and revert....tks.
if the count is right, we are finishing up the 5th wave of a
whopper of an a wave correction, so as long as the 5th wave does
not extend itself, we are likely to finish this soon, which will
make me sad -- it was a hell of a short
Regarding GG .....the 40 month
Gold stocks are pathetic! Actually it would be better for ...
Posted by treid4dou on 15th of Aug 2008 at 05:29 pm
Regarding GG .....the 40 month MA has been long term support.....Weekly CCI under minus 200 is way down and RSI close to 30....are deep lows seen on bottoms....RSI seems turning up now....In a week...GG will have to recover.
Regarding XAU....weekly CCI near minus 300 have only been seen in very few bottoms.....maybe historical ones.
I am not a TA whizz....so pls. check this and revert....tks.
rally soon is very possible
Posted by googool on 15th of Aug 2008 at 05:43 pm
rally soon is very possible based on my count,
if the count is right, we are finishing up the 5th wave of a whopper of an a wave correction, so as long as the 5th wave does not extend itself, we are likely to finish this soon, which will make me sad -- it was a hell of a short
GG is way oversold...I think
Posted by kichan77 on 15th of Aug 2008 at 10:05 pm
GG is way oversold...I think it need some time to settle down...One of indicates there is some short bounce on the way...But trend is still down.
http://vk1314.com/charts/gg.png