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Non-Tech : The Woodshed

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From: Veteran9811/12/2013 9:48:54 PM
1 Recommendation

Recommended By
zamboz

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Stuart Thompson... Looking for 980 if triangle breaks down and 1680 if the bulls win the battle.. 321gold.com
  1. Gold has been drifting sideways since April. The bulls have argued that the recovery is too weak to taper quantitative easing, and the bears say tapering is inevitable.

  2. Regardless, I think that a trending move will begin very soon, and it will be substantial.

  3. Please click here now . That’s the daily gold chart, and I’ve highlighted an enormous symmetrical triangle pattern. I call it the “Indian Tonnage Triangle”, which may surprise gold analysts who believe the recent price action was caused by “taper caper” talk.
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