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Re: FinancialAdvisor post# 4657

Friday, 03/04/2005 1:07:47 PM

Friday, March 04, 2005 1:07:47 PM

Post# of 25966
fa, IMO I don't like the divergence in the RSI and MACD over the last 2 years. It's almost reminiscent of how gold was trading between 1972-1975. Price was trending up but RSI and MACD tops and bottoms were channeling down. Gold might stand to do a 50% retracement that could last for about 2 years before the real spike builds up. If it correlates well with the pump by the Fed on the Dollar and Gold trades down it will be an excellent opportunity to get in low for the real spike.


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