GOLD 0.51% $1,391.7 gold futures

Charts may be the fools' gold of the gold market? I would be...

  1. 41,134 Posts.
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    Charts may be the fools' gold of the gold market?

    I would be foolish to argue against such polarisation after all only a fool believes that their tool has 100% predictability. It is all about likelihood one "sees" in a chart or the persuasive fundamentals. 2 years from that 2013 decisive break and we have just faced another in almost similar circumstance ought to speak quite loudly that it is not a coincidence. It is fair? Maybe not but the market is open to all participants and it is all about control.

    During the hey days riding the pedigree horse to the high heavens, last week was the second black swan event? This is the randomness of the markets or else everyone with a shred of logic would all be a millionaire.
 
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