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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (9854)	1/23/2009 9:03:28 PM
From: jaker	Read Replies (2) \| Respond to of 41415

GLD 60m, do for a rest? Gold has been on a tear... growing as tall as tree's, maybe..it has been climbing the upper bollinger band wall. Can it keep climbing? Maybe, again. I am suspicious.. The wave structure does not look right for an impulsive move. It looks more like a measured move at this time, which could turn corrective if abc. However, a good push higher would remedy that. I think it should be watched closely here for those trading the 60m timeframe. My next 60m rez. line is 89.06 --- that could be the clincher. h1.ripway.com