GOLD 0.51% $1,391.7 gold futures

Heraclitus Perhaps my comments were a bit to sweeping in their...

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    Heraclitus

    Perhaps my comments were a bit to sweeping in their goal.
    Yes you are right in that I actually do look at charts but mostly to see where the buying and selling clusters occur and the general direction but that for me is always overshadowed by the fundamentals of the market at the time. The only real reason I look at charts is because I know that professional trading houses etc use charts to assist in their decision making either short or long.

    I was talking about the Gold market in particular and was trying to say that the Global players that are in the Gold market at present and their intentions do not translate to a chart. The Gold market is probably one of the markets where you cannot rely on charts or for that matter on fundamentals either.
    A very tough place to be.
 
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