Tuesday, June 8, 2010

For once relax

For once relax. Gold is doing well. The rumor that Prechter had become a gold bull is false.

Jim

It sure is.

A test of the 5/12 highs simply does not have enough energy (force) to break through on a sign of strength today. This is illustrated by REV(E) and volume analysis. Energy is building as gold fights the wall of worry once again.

Eric

Gold ETF (GLD):

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