SPDR S&P 500 (SPY): $GOLD daily symmetric triangle. Watch t...

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learningboutinv

Re: None

Tuesday, 09/09/2008 12:59:46 AM

Tuesday, September 09, 2008 12:59:46 AM

$GOLD daily symmetric triangle. Watch the break. Symmetric triangles are continuation patterns/coils. The trend is down, it is quite possible to see ~$675 Gold as the $USD continues to rally to 82. But I think $675 may be a good entry point for an initial entry.

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