GOLD 0.51% $1,391.7 gold futures

vulnerable here, page-7

  1. 5,881 Posts.
    Hello Xtex,

    I think anyone who views the 2 charts at the beginning of this thread would have to disagree that gold has suddenly gained some sort X factor, as the charts show it is contained within long term trends vs the $USD and the bearish rising wedge in the gold shares must be giving many pause for thought. In addition the refusal of the gold price to convincingly move above the may 06 highs vs the stronger currencies is another point to ponder. If gold moves below its mid November lows I would be looking at crash positions in world stock markets. Gold loves a bullish stock market and the divergence last week is a warning sign for stocks imo.
 
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