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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Gary H who wrote (18314)5/19/2003 5:59:46 PM
From: sea_urchin  Read Replies (3) | Respond to of 81943
 
Gary, I see the gold price chart is in "take off" mode --- it's already almost parallel to the y-axis and aiming to shoot off the top of the page.

stockcharts.com[l,a]dallynay[dd][pb50!b200][ilb14!la12,26,9]

Observe the acceleration. If the present rate of price increase doesn't continue ($12/day, or better), then the rate of increase will fall (which is self-evident). This will bring the present uptrend to a close. In other words, POG has to hit at least $379 tomorrow for the uptrend to continue.

I know it sounds like crap but let's just see what happens.