Technical analysis, I'll start, On both the thirty year and the one year charts for gold ( continuous contract) we have cup and handle formations: the former with a minimum price objective of $1700/oz the latter with an objective of $1300. Buy on a break of $1035/stop $995 close position at $1295 await further consolidation then target $1700 sometime next year. If you are holding unleveraged positions in physical or stock, then sand fast and buy on weakness. DYODD!                                                                                                                                                                          Opinions in this report are solely those of the author. The information herein was obtained from various sources; however we do not guarantee its accuracy or completeness. This research report is prepared for general circulation and is circulated for general information only. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or value may rise or fall. Accordingly, investors may receive back less than originally invested. Past performance is not necessarily a guide to future performance.

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Hmm - the chart came out really small so I thought I'd post the chart a bit bigger so you could actully see the levels. What does everyone else think about the big 1000 psychological barrier on Gold??

Elliott

I recommend uploading pictures to another site and/or putting the link between

Do you think technical analysis is better than Fundamental analysis? Your opinions please

I think that the chart came out really small so I thought I'd post the chart a bit bigger so you could actually see the levels.








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Gold parties