Hi Zeev,
I really, really, respect your fundamental & TA stuff.
I just found it interesting that JPM has apparently folded their charts (err.. cards), & have gone long Gold since Feb/March/2001.
I'm too tired to look up those articles, so I was thinking u might be interested in checking it out.
BTW, I'm not a Gold bug. I play the same charts just like u. BTW, What do c that I am missing??
Regards, Peter
ps. Gold to me @ this price level is signaling inflation down the road...
If I'm wrong & this is a deflationary scenario... I will be strong & long Gold.
& so today & this week we have had the GPM close down... SO????
IMHO, depending on the time period u r buying, Gold looks like a buying opportunity to me & not a selling opp. but again... what do I know???????
bigcharts.marketwatch.com
Gold has been in an uptrend since Nov & April of this past year. Check out the monthly, weekly & daily charts....
Signals have not been negated, notwithstanding todays action IMO |