| Hi Cush,i strongly believe we will see gold rising this week,i do expect an exhaustion day on the Nasdaq monday...With Argentina about to default on their huge debt biz.yahoo.com, Enron about to ask protection from bankrupcy on tuesday,Mr AG almost promoting the euro...All gold weekly charts $HUI,$XAU showings signs of life,Nasdaq and Indu showing exhaustion...And the US dollar ....Humm...Look at the weekly chart: a toppy head and shoulder forming,last week being a very bearish engulfing pattern,stochastics showing an overbought currency...we could be in for some major whipsaw next week...http://stockcharts.com/def/servlet/SC.web?c=$usd,uu[l,a]waclyimy[de][pc20!d20,2!f][vc60][iUb14!Uw25!La12,26,9!Lh14,3!Ll14!Lm12!Lc20] |
