Gidday Fed, Archbald put me onto this for some gold exposure, it looks like once it gets back to 44 you will see some action here....I'm not very confident with my ta but it looks like a classic rising head and shoulders with decreasing volume which I think is bearish.....someone please correct me if I am wrong....but 44 looks like the resistance point. The price of gold hasn't been too flash of late either has it? I haven't been totally on the ball with it but I am bullish gold long term.....this consumer debt bubble and private equity bubble reeks of hedge fund and asia money crisis to me.....probably around september or october......hope I'm wrong tho....
CTO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
