"His gold chart is quite bullish too..."
Mine isn't...
Weekly shows bearish divergence between SP & MACD & the resulting bearish signal line cross = sell
ADX has turned down while above DMIs, (blue arrow) = sell
Bearish divergence between SP & RSI = sell
Bearish divergence between SP & slow stochastic, drop below overbought = sell
Target = lower Bollinger band = $1059 & rising
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- weekend charting 17 july 2010
weekend charting 17 july 2010, page-86
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