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Re: braised007 post# 3558

Monday, 05/05/2014 8:49:39 AM

Monday, May 05, 2014 8:49:39 AM

Post# of 63744
Gold's High of Day looks to coincide with the opening of the US markets! That is very bullish for gold especially since US market futures (DOW, NASDAQ and S&P) are all up as well.

Prepare for a gold breakout!

Charting isn't my thing either. Friends have helped me more than anything however the greatest asset I've found online is Chart This! The link below is the the latest and below the video on that page are links to almost two full years worth!

http://www.kitco.com/news/video/show/Chart-This/649/2014-05-02/Gold-Up-On-Friday-A-Sustained-Rally---Chart-This

I found this amazing helpful because while charting isn't my thing...gold is. Seeing charting explained using something I know as well as I know gold was a boon which as Sparks111111 alluded to allowed me to "see" it. Gary Wagner, the expert in the videos, is also a big fan of the Japanese candlestick charting pattern. Here are a couple more links to fast track your learning on that.

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introduction_to_cand

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:candlestick_pattern_


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