Gold Silver Platinum etc...
2/11/2011 12:33:26 PM
toon
Posts: 2
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Having listened to the many youtube vids, and having great interest in what is discussed, i really enjoyed seeing some discussion on the topic of gold. There was discussion about gold having a topping pattern and that was very interesting. I work with a company that does a lot of analysis and we're also predicting that gold will see declines in 2011, 2012 and 2013 (not a dramatic decline - but down). However, having looked at that gold price since the end of 2008, i see the following:
- A very well defined parallel channel
- 4 bull flags. One that we are in right now.
So this brought the question to me, why are we predicting a top? Doesn't this technical analysis point out that we will continue to rise??
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3/1/2011 3:39:33 PM
toon
Posts: 2
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well it certainly broke out of that bull flag! has hit record highs now, and is creating a new flag pole.... Where to now? Are we still saying a topping pattern? Would love to hear more on this one oscar.
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8/15/2011 4:47:53 AM
KINGOFNY
Posts: 3
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1800 Gold 40 Silver...With the dollar being devalued Gold is not in a bubble, it will rise to at least 2300 the more Ben prints money.
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