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.
.
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
.
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
Monday, 12 May 2014
Gold
there was no followthrough on last week's bullish setup,gold now looks vulnerable to a 4th attempt
Au broke thru the declining resistance line and is trading above it. Line drawn from the first 2 peaks. W
ReplyDeletelooks like the high was on the 40 dma..still cautious
ReplyDelete