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S&P 500
5,487.03
(
0.25%
)
US TECH 100
19,430.40
(
0.14%
)
Dow Jones
38,834.86
(
0.15%
)
Brent Oil
84.63
(
-0.19%
)
Bitcoin
64,815.01
(
-0.50%
)
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TheInvisibleHand ™

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TheInvisibleHand ™

Re: owltrader post# 515

Thursday, 07/17/2008 6:18:42 PM

Thursday, July 17, 2008 6:18:42 PM

Post# of 23113
There is a correlation gold and oil and other commodities. I posted here a few days ago that i thought oil was gonna come down, and gold followed suit.
Go to stock charts the etf $gold looks like if this rally continues and dollar improves that 930 level could be tested and broken. Its last run up also didnt make a new high.

A fan of elliot wave would say current wave is in reverse down.

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