"Be Heard" - Monday, page-5

On the Weekend Charting and Chat thread, Jagster had a defence of his position that Gold has a lot further to run.

Here is what he said, in part:

The current strength in gold's upward momentum is the strongest its been since late-2008. The recent higher lows formed on the weekly stochastic complimented by an upcross on the MACD with expanding histogram is the strongest its been since that time.

Fair enough.

Using a Weekly Chart of GLD (ETF tracking for Gold), I cannot find any indicators that agree with his statement above.  Here's a Chart showing a number of momentum indicators and the MACD:



But - maybe he's using something else?

RB.