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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Keith Feral who wrote (43117)	1/4/2013 4:50:07 AM
From: Vendit™	1 Recommendation Read Replies (3) \| Respond to of 221951

To qualify my analysis I normally post daily time frame charts which outlooks 2-4 days. In the case below I am using a weekly time frame chart which is slower in time by comparison but just as accurate, considering time frames. $GOLD ....... Looks longer term over sold based on the last 12 weeks of history. Not to be confused with what will happen today, my outlook is longer term by using weekly candle sticks and indicators. IMO $GOLD is at or near a bottom and set to move higher. If I had to guess; $1,760 is the upper target based on the current trend.