This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Friday, 23 March 2012
Gold breaks up from declining wedge
This is Humblestudent's version of the wedge I have posted,with the breakout today
http://humblestudent777.blogspot.co.uk/
I LIKE YOUR CHART'S . THE GLD , IS ONE I LOOK AT FROM WEEK TO WEEK AND YOUR TREND LIKE WITH ELLIOTT WAVE COUNT APPEARS BE SHOWING A POSSIBLE MOVEMENT TO 163-164. WOULD THAT BE THE EXTENT OF THE MOVEMENT , OR IS MORE POSSIBLE THAN THAT, AT THIS POINT IN TIME ?
HI DKNOX.THANKYOU.THAT PARTICULAR CHART IS HUMBLESTUDENT'S NOT MINE.AS TO HOW FAR THIS MOVE GOES I AM NOT SURE ND WILL WATCH THE PRICE MOVEMENT THIS WEEK FOR CLUES AS TO WHETHER GOLD IS READY TO BREAK OUT OF THE LARGER PENNANT FORMATION THAT BEGAN LAST SUMMER>I DO LIE THAT IT APPEARED TO BOTTOM ON THE GANN CYCLE WINDOW I HAVE MENTIONED IN PREVIOUS POSTS. BEST TO YOU
HELLO C R ;
ReplyDeleteI LIKE YOUR CHART'S .
THE GLD , IS ONE I LOOK AT FROM WEEK TO WEEK AND YOUR TREND LIKE WITH ELLIOTT WAVE COUNT APPEARS BE SHOWING A POSSIBLE MOVEMENT TO 163-164. WOULD THAT BE THE EXTENT OF THE MOVEMENT , OR IS MORE POSSIBLE THAN THAT, AT THIS POINT IN TIME ?
ALL THE VERY BEST TO YOU C R . D-KNOX .
HI DKNOX.THANKYOU.THAT PARTICULAR CHART IS HUMBLESTUDENT'S NOT MINE.AS TO HOW FAR THIS MOVE GOES I AM NOT SURE ND WILL WATCH THE PRICE MOVEMENT THIS WEEK FOR CLUES AS TO WHETHER GOLD IS READY TO BREAK OUT OF THE LARGER PENNANT FORMATION THAT BEGAN LAST SUMMER>I DO LIE THAT IT APPEARED TO BOTTOM ON THE GANN CYCLE WINDOW I HAVE MENTIONED IN PREVIOUS POSTS.
ReplyDeleteBEST TO YOU
I DO THINK GARY SAVAGE'S POST ON THE DOLLAR IS GOOD AND VERY RELEVANT TO THIS QUESTION DKNOX (SEE LINK IN POST ABOVE)
ReplyDelete