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Gold/Mining/Energy : Precious and Base Metal Investing

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To: gold$10k who wrote (16927)8/16/2003 12:28:29 PM
From: Andrew  Read Replies (3) of 39344
 
IMO everyone is watching the triangle in earnest. The fact that the gold price can bounce between the upper and lower lines in the span of little more than a week is fascinating to me and I have been charting for 10 years.

There is little doubt in my mind that the breakout will be to the upside, The weekly MACD is crossing up, gold stocks are pushing higher, the major indicies are on the verge of rolling over.

In other words the commercials may be right and the Gold price must touch the lower line once more, maybe a move to the low 350's first?

Its gotta squeeze out one way or the other soon though those lines are gonna touch in a few weeks, lol.

My thoughts on the next year for gold...

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