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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (13695)6/23/1998 8:24:00 AM
From: Giraffe  Respond to of 116753
 
>>Probably wasting bandwidth posting that the XAU forecaster again has short term gold a sell. Like everyone didn't already know it.<<

Funny you should mention that. I was just looking at my charts and thinking that my shorter term indicators are now somewhat positive although not yet showing a clear buy sign. The longer term charts are still some distance from giving a buy.

One of the problems I have is that sell signals on some indicators aren't reliable in a bull market while buy signals aren't reliable in a bear market.

I'm pretty confident gold has made a significant bottom and that a new bull has been born ... but of course there's not yet any conclusive proof that this is so.