Friday, 10 September 2010

gold 2x bear

OK now I am going to seem really schizoid after posting the long-term bullish chart a couple of days ago but this etf chart seems to have bullish potential.......conclusion...? Gold is in a powerful long-term uptrend but vulnerable to a correction here ? Perfectstockalert published a good video highlighting short-term risk,divergence etc and we reversed yesterday below the important 1250 level

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