Monday, March 2, 2009

GLD


Here's a great chart on where all the hoarding types put their "safe" money...in GOLD.

I think the Fibonacci fans work well on gold...

Is this looking like a failed cup & handle formation with the right side not reaching the previous highs and the handle being formed? Could we expect another final run toward $1k only to begin the fall back to the $700's?


For the Web's best interactive charts, please visit http://www.Prophet.Net

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