Tuesday, September 13, 2011

Gold: Frustration with no clear breakdown but seeing a series of lower tops



I am frustrated by the gold moves lately. It seems it is still not breaking down yet.
however, i am still comforted by the fact that it is showing a series of lower tops and so long it doesn't break and close above 1912-1923. Still a sell into rally. The move downwards could be explosive.

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