Over the last 3 years GOLD gave a BUY signal on only 4 occasions in June 2008 ($900), Dec 2008 ($800), May 2009 ($900) and April 2010 ($1100).
SELL signals were triggered in Mar, July 2008 and Mar 2009($925) and Jan 2010 ($1100)
Tuesday, 14 December 2010
Gold is the only game in town
GOLD has risen consistently for 10 years. I've been a Gold Bug since 2007. Using the Weekly charts and a cross on the 5ema( $1385) and 10ema($1366). Gold last gave a BUY signal in April at $1100. Gold will have to close below $1350 for more than a week to trigger the next SELL signal.
Over the last 3 years GOLD gave a BUY signal on only 4 occasions in June 2008 ($900), Dec 2008 ($800), May 2009 ($900) and April 2010 ($1100).
SELL signals were triggered in Mar, July 2008 and Mar 2009($925) and Jan 2010 ($1100)
Over the last 3 years GOLD gave a BUY signal on only 4 occasions in June 2008 ($900), Dec 2008 ($800), May 2009 ($900) and April 2010 ($1100).
SELL signals were triggered in Mar, July 2008 and Mar 2009($925) and Jan 2010 ($1100)
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