Wednesday, August 19, 2009

Gold Could Be Bottoming Here

Gold could be bottoming here (Wednesday), again, or rather yesterday, Tuesday, the 18th:

Today's morning gold price action. Heck, gold did get down to the bottom of the triangle, the up trend line of the triangle on the 6 month and 2 year charts. :




The 6 month chart:




The 2 year chart:




The 36 year chart:






When gold blows, it will take most by surprise. That it goes into the $thousands will take most by surprise.

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