Saturday, March 6, 2010

Gold - Big flush looks over

The big flush of the 2009-2010 run, similar to 2005-2006, looks over.

The Big Flush - Gold London P.M Fixed and the COT Futures and Options Open Interest Stochastic Weighted Average:


Gold London P.M Fixed and the Commercial Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest and The Big Flush Combination Chart:


By design, money setups up within the panic and confusion. The minimum upside target of the October breakout of $1,400, yes it is still in play, could be achieved by late spring. Many within the "gold community" will not be ready.

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