Sunday, December 02, 2012 12:43:55 PM
Gold dipped to our "buy spot" just above $1700,
in the process marking out the Right Shoulder of the small
Head- and-Shoulders bottom that formed just above its
200-day moving average.
Everything is now in place for a significant uptrend to get going,
with the breakout on Friday from a fine completed base pattern, and
the MACD indicator showing that there is still plenty of immediate
upside potential from here.
by Clive Maund,
Diploma Technical Analysis
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81969239
God Bless
My opinions are my own and and DD I post should be confirmed as unbiased
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