http://3.bp.blogspot.com/_8U45JCkY_Dw/S_5aYfUJBkI/AAAAAAAAAL0/HiAcrMdmI2g/s1600/gold+$.png - Weekly chart more reliable, rising wedge now ard $ 1160 would give serious scare to the bullish trend, might be end of the journey - expecting correction upto 30 to 40 % before next bullish run begins. Early day to think s, but this what chart indicates.
Trading is nothing short of speculation and people who treat it as intelligent speculation have a fair chance of doing well.The posts in this blog are nothing but notes I am making for myself. I welcome serious discussion on TA from like minded people and willing to share whatever little knowledge I have of TA. Nothing on this site should ever be interpreted as advice, research or an invitation to buy or sell any securities.
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http://3.bp.blogspot.com/_8U45JCkY_Dw/S_5aYfUJBkI/AAAAAAAAAL0/HiAcrMdmI2g/s1600/gold+$.png - Weekly chart more reliable, rising wedge now ard $ 1160 would give serious scare to the bullish trend, might be end of the journey - expecting correction upto 30 to 40 % before next bullish run begins. Early day to think s, but this what chart indicates.
ReplyDeleteManoj Hi
ReplyDeleteGood chart...
What make me think you are one of those GOLDBUGS....
coz I always see you commenting on my gold posts
Always a pleasure to have you here...
Cheers!!!