Sunday, June 7, 2009

Gold 4 hours

Late last week we broke through the rising trendline. I'm looking for a retest of the trendline early this week, followed by a decline in price for the second half of the week. This could be the start of a big decline, it could go to test the 864 low pretty fast.

1 comment:

  1. Your analysis could very well come true. However, longer term (weekly) = up --> above 1000$

    Grz,
    FBO

    ReplyDelete