FinancialAdvisor's College Class (FACC)

[mick]

the GOLD chart shows impressive gains since 2001/2002 with resistance at $420 / new resistance area at $450.

it has taken 25 yrs. to get the gold to get noticed again.

with a worthless dollar , GOLD HAS A GOOD CHANCE AT THE FIRST STOP @ $525 / $550 AREA.

once GOLD get passed the $450 area , $490 GOLD SHOULD BE A BREEZE.

imagine , GOLD @ $35 going to that *j* formation. WOW. $850 GOLD AGAIN?

if the foreign countries ever sell the dollar , like japan and china , it will be total chaos with the american investments.

japan hasn't been buying our dollars as they were a couple of years ago.

reading the chart again , i see a saucer like formation with a slight cup handle breakout.

the saucer is one of the true reading for a breakout pattern.

we could see $500 this summer.