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To: AllansAlias who wrote (147709)8/10/2007 2:39:20 PM
From: NOW  Read Replies (1) | Respond to of 209892
 
got a count?



To: AllansAlias who wrote (147709)8/10/2007 4:19:12 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
My biggest issue with the up scenario on the golds is that the $XAU recently broke above a triangle and gave back the breakout.

Here is my preferred $XAU. The labeling is arguable but the real key for me lies in the recent breakout failure clearly marked on this chart, those failures are very compelling to me:

i208.photobucket.com

Edit-Make sure you read my next post before you respond to this one.



To: AllansAlias who wrote (147709)8/10/2007 4:25:03 PM
From: Shack  Read Replies (4) | Respond to of 209892
 
And just for posterity, here is what I am sure you are looking at, the $XAU bull count.

i208.photobucket.com

I just wish the breakout had held Allan. But if it gets back above 148 or so I would also be a huge buyer. Its a toss up for me still, but there will be plenty of time to hop on if the bull count is operational....although I admit that proper entry is right here with tight stops.


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