Tuesday, December 16, 2008

GOLD, GOLD, GOLD,........






Weekly Chart
Daily Chart


Be on the watchout for gold. It seems that the gold is forming a screw pattern. This is a very bullish pattern and seeing the duration and the nice formation it gives me a feeling that once it breaks out of the trendline it will shoot up. So keep an eye on the gold price.
The breakout price will lie between 620 and 630 euro.

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