System-Based Trading Recommendations for Model Hedge Fund

---------------------------------------------------------------

If this site has helped you make money on a trade...

Current Trends, Daily and Weekly

...

Contact Info

Link to My Live Charts... Global Indices, Commodities, Currencies and Bonds.

Friday, March 19, 2010

What's a Silver Post without a Gold Post?



Here is a gold analysis similar to the silver post below. There is fuel in the tank for a trend with low volatility (pink line). But Uptrend is still not confirmed and we have not seen gold take out that trendline from underneath so that we can dismiss the trendline break. Gold is an range trading regime, it has been around the $1100 mark for a while now. Lets wait and see. Neutral chart with a slight bearish bias given trendline break down.

No comments:

Post a Comment

DISCLAIMER

All information provided on this site is for illustrative and educational purposes only. In no way should the information on this site be viewed as a recommendation to buy, sell or hold any of the securities mentioned on this site. Please consult your investment advisor before making any trading or investment decisions.

All Charts are Courtesy of StockCharts.Com

StockCharts.Com is a terrific charting website and is well worth the monthly fee for their advanced charting tools and features. I highly recommend their site.