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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Tuesday, 14 June 2011

Gold TAS sell signal ?

Last week we had the equal range time cycle kicking in and today we had the short term trend turn down after failure to make new highs .The rally exceeded twice the time down so qualifies as a TAS (Bill McLaren's "trading against a spike" pattern.
Silver and crude were also weak today and ZSL looks good

Posted by at

2 comments:

  1. ahnn6 April 2012 at 13:39

    Gold has been very popular for last few years. And I'm very positive that it will be for the next few years.

    sell gold

    ReplyDelete
  2. Chartrambler7 April 2012 at 00:26

    wow this is an old post...I was trying to make a trading call.I am very bullish PM's on a longer term view

    ReplyDelete

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