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.
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