GOLD 0.51% $1,391.7 gold futures

thoughts, page-22

  1. 1,916 Posts.
    Cheers Adwebster

    Glad you are still reading at least:)

    Has it broken out of the cup and handle, symmetrical triangle and inverse head and shoulders, monthly MACD ? ie are the stars aligned???

    Gotta be a good chance - especially b/c Indian demand is pent up - getting very close to the big buying season post Ramadan. But all down to the psychology of the markets and the "fear"/"uncertainty" factor too.

    Not sure if you are into Ichimoku charts - but always worth a listen as I posted earlier:

    http://www.youtube.com/user/IchimokuCharts#play/uploads/2/tZb1pbpp91I

    Could see a bit of a pull back in the next couple of days?
    Cloud has been providing support.
    Resistance at the $990 level.

    Nothing to be afraid of though it's all good from the USD $1000 POG point of view in any case.

    Get the message and "tread cautiously with eyes wide open"...:))

    Hope all is A'ok with the twins.

    Thanks to RobX7 too - like RBoat says time expectations are a consideration and happy for the slow steam train rather than up with a bullet:)

 
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