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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Davy Crockett who wrote (112748)4/26/2008 7:16:21 PM
From: Davy Crockett  Read Replies (2) | Respond to of 312636
 
not many gonna be happy with this chart... note the bearish price objective of $769.00
GOLD


GOLD weekly confirms the price objective IMHO FWIW only


A couple of things to note: Head & Shoulders top, parabolic move from Oct 07, long way down to the 50 week SMA & finally GOLD has got to digest or consolidate its gains. Once it has done that, then expect another nice move...