nite,
don't get excited mate
i only see him use one tool and thats fib where he doesn'y use extreme points for a long term view, i disagree with that
his double top and pivot points he used were in a downtrend and not at the top of a trend
i agree gold is being bought up on fear but it still hasn't changed it's trend for mine
US$835 is next resistance and US$683 low resistance
with all the hype and talk over the past month or two it's no wonder gold has had a spike and for mine thats all it is
notice he didn't keep his trendlines straight?
he didn't want to see the main trendline,i bet hes got gold
mainly i see the gold also having a spike on rallying equities
still over 12 months it hasn't broken downtrend
thanks for the vid though, ask him to add moving averAGES
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