Posted by junkmaylbox on 19th of Feb 2009 at 05:24 am
$gold does not seem to follow the Elliot wave analysis --nor
technical analysis, as a matter of fact -- as well as everything
else. One reason for that is covert manipulation of gold prices. As
for the television adverts, I would simply use them as a good
sentiment indicator without believing all those prepaid theatrics.
If gold is wanted by nearly everyone, it's high time to be selling
it.
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sentiment on gold
A good argument for gold's being overextended now
Posted by junkmaylbox on 19th of Feb 2009 at 05:24 am
$gold does not seem to follow the Elliot wave analysis --nor technical analysis, as a matter of fact -- as well as everything else. One reason for that is covert manipulation of gold prices. As for the television adverts, I would simply use them as a good sentiment indicator without believing all those prepaid theatrics. If gold is wanted by nearly everyone, it's high time to be selling it.