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.
Saturday, 29 June 2013
Gold needs to stabilise in the 50-62.5% "box" retracement zone
Long term gold chart: http://4.bp.blogspot.com/-Z93QIxg8LIw/Uc6kUzvuVLI/AAAAAAAAA64/HQ9j4MwJg8w/s1366/Gold270613.jpg
ReplyDeleteI think a full 61.8% retrace down at long term rising trendline support is an eventual possibility.