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$1,391.7 gold futures

"- The Gold Futures Seasonal chart hasn't been updated since...

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timber1956

7,423 Posts.

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28/11/15

17:35

Post #: 16501651
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Originally posted by timber1956 ↑

Laza

Some observations on your charts:

- Chart 1 is six weeks out of date. The price has fallen over $90 an ounce since then, which should be enough to prompt a reassessment.

- I know that the text books interpret a down sloping flag as bullish (which puzzles me), but we have been trading in a down sloping flag since 2012. Chartists have been predicting a bull market for most of that time on this basis and huge amounts of money have been lost. At what point is reasonable to question this orthodoxy.

- The Gold Futures Seasonal chart hasn't been updated since 2007. Can you tell us what the recent seasonal trends have been?

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"- The Gold Futures Seasonal chart hasn't been updated since 2007. Can you tell us what the recent seasonal trends have been?"

Thank you Skol.
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0 Great analysis

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