AI
Tuesday, August 12, 2008 10:09:06 AM
$gold - 10-year chart
gold hasn't been below mid-bollie band of monthly chart since, well, 9/11. if the chart holds, gold will drop down to 800 and rebound from there. if not, the dollar will go all gangbusters. chicken or egg, though.
boy, that rsi was screaming for a correction.
the dollar should go to 80, gold should go to 800, and oil (uso) should go to 87.5 (#msg-31117499). at that point, there will be a major war.
goosemeister@hotmail.com
gold hasn't been below mid-bollie band of monthly chart since, well, 9/11. if the chart holds, gold will drop down to 800 and rebound from there. if not, the dollar will go all gangbusters. chicken or egg, though.
boy, that rsi was screaming for a correction.
the dollar should go to 80, gold should go to 800, and oil (uso) should go to 87.5 (#msg-31117499). at that point, there will be a major war.
goosemeister@hotmail.com
goosemeister@hotmail.com
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