Tuesday, May 19, 2009

The Gold Price is Coming Along Nicely

The gold price is nicely forming the right hand shoulder of the upside down head and shoulders pattern.

The first attempt at breaking out to the upside of the down trend of the shoulder failed. The second attempt made it with a 4 days in a row to the upside end of downward trend signal. This baby is going places, now!


There are still plenty of miles left that this powerfull gold price train has to go.

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