although i think it's great, page-12

A Longer term chart of gold suggests in the no way that the gold run was finishing in Feb 07. Maybe the Gold Bugs and TA people remember the period 1976 to 1979, and waited for the range completion at 1027(top was 1034).


Anyways gold on all charts is at a critical level, especially the daily where it has broken above the recent down trend line and now will either fail at the 1034( was this week the top), or continue to rise to the 1211, and going to the 1211 would be it.

I have included the monthly as well highlighting how significant a level the 1034 is and it will offer alot of reistance, even as the argument is gold gold gold

Remember around July 2008, when oil was going to 200 and beyond ????, a few of us chose to ignore the hype