gold to correct .... upwards, page-2

Shirley you jest SP? (not 1???) - pictures SP, it;s all about the pictures ... posted many moons ago (last year) - courtesy of sharelynx, dashed trend lines are mine



But even an unemotional ratio of 5 or less equates to better than Dow at 15,000, gold $3,000.

You can see from the above, with the ratio now at 8.2 it was 'rejected' at 10, and is now about on the lower edge of the green highlighted channel (support??).

But don't take my word for it ...
DOW GOLD ratio - stockcharts

A mini H&S forming, with a necline at 8.0 -

Should I stay or should I go now ...
If I go I'll get in trouble
think I'll stay to watch the bubble
So come on and watch the show ...