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- Chart 1 is six weeks out of date.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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