July 22, 2010

The bearish gold

  • The hour chart of gold suggest that the commodity is in a down trend.
  • It is holding on to an important trend line break of which will lead to more fall in gold prices.
  • Also see how the geometrical patterns show up in a stocks chart time and again.

3 comments:

  1. new post done, http://stock2gains.blogspot.com/2010/07/tcs-biocon-contrarion-bets.html, please visit, thanks regards

    Manu,

    San is always good @ CHA(R)TS. I wish he would a millionaire, had he got a shop @ chandni chowk.

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  2. Thanks Manu and Rochak for the comments.

    ReplyDelete