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.
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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, 16 October 2012
Gold
gold is testing the 50 dma and the rsi is approaching oversold so I think we are close to a buy.Whether this would be a wave 5 (as in Ramki's recent video I posted) or something bigger I dont know.My downtrend channel could be argued to be a bit subjective :-)
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