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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, 23 August 2011

Gold reversal?

looks like we may be getting a reversal day in gold - outside day - need to watch the close.This would trigger a short sale on the cycle setup

http://www.pfgbest.com/traders_tools/quotes.asp?page=chart&sym=GCV11

and some more cycles pointed out by Gann360

Twitter
Gann360: 
For u Fib Fans:GOLD IS 144 Months in Time from 1999 Low/ 144 Weeks from 2008 Low and Finally ,144 Days Jan/2011 Low.All hit this week,Crazy [via Twitter]
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1 comment:

  1. Nik16 September 2011 at 19:26

    This was an excellent reading on the history. Pin point to the date .. you were following and tracking the top :-)

    Nik

    ReplyDelete

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