KnucleSandwich said; "Gold fell below $1,690 which was the bottom of the upwards channel formed during its bull move since 2001. The only other time it broke the bottom of the chanel was in 2008."
2008, around the time of the last stock market crash. The only reason why it has not crashed again just yet is due to jawboning by Wall Street, the Press and with monetary (paper trash) manipulation. And of course gold rose out of that 2008 period spectacularly.
More silver coins for this ole black duck for xmas.
Watch this space in 2013
- Forums
- Commodities
- double top on gold in motion
KnucleSandwich said; "Gold fell below $1,690 which was the...
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