SI
SI
discoversearch

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.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (44501)11/3/1999 4:38:00 PM
From: TATRADER  Read Replies (3) | Respond to of 116762
 
You are right about TA being handicapped in the POG market...John Murphy stated sometime ago, "I no longer chart the gold market because it is no longer a free market!" As we both know John Murphy has written several books on technical analysis and is one of the best in the business...
I keep believing that somehow TA can be utilized in tracking the gold markets...Yes, we are definitely overdue for a bounce.....NEM made a higher low and higher high today...BMG started to turn...However, if the manipulators show up, and take out 20.50 on NEM, all TA bets are off once again...Regards, Mark

P.S. best indicator out there for a bottom is when Richard Harmon gets discouraged and John White is ready to throw in towel...