GOLD 0.51% $1,391.7 gold futures

gold price bullish wedge is forming, page-11

  1. 6,011 Posts.
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    the bond markets have already collapsed, US had to buy 62% of their own bonds last year, after the "non default" default on greek bonds, what right minded private investor would buy bonds of most of the developed world countries now, knowing only the chosen few get their bonds saved by QE & the rest get ringfenced for haircuts.

    Nectar, once again I cannot understand where you get your T/A conclusions from, you ignore certain pivots & draw a decending triangle (a bearish formation) & we dont even have a falling wedge yet as we have only created a parrallel decending channel.

    I have already given my opinion on gold price, I dont care whether contributers are a bull or a bear, I would just like to see legitimate T/A presented.
 
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