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Strategies & Market Trends : Classic TA Workplace
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To: AllansAlias who wrote (147709)8/10/2007 4:19:12 PM
From: Shack  Read Replies (1) of 209892
 
My biggest issue with the up scenario on the golds is that the $XAU recently broke above a triangle and gave back the breakout.

Here is my preferred $XAU. The labeling is arguable but the real key for me lies in the recent breakout failure clearly marked on this chart, those failures are very compelling to me:

i208.photobucket.com

Edit-Make sure you read my next post before you respond to this one.
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