The Art of Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Art of Investing

PICK 48.72

-0.3%

Dec 9 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sun Tzu who wrote (5054)	8/9/2022 8:28:53 PM
From: stuffbug	Read Replies (2) of 10688

Need to look at the next higher time frame - the monthly chart shows a clear 2 year consolidation pattern since the 2 year runup from summer 2018 to summer 2020. Typical A-B-C correction which dipped below gold's 60 month lower trading band last month. Upper band is approx 2200. Monthly close above 1840 should turn the bulls loose. Monthly close under 1730 would be bearish.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next