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Wednesday, January 18, 2006 4:26:01 PM
Update on Gold in Yen terms
Assuming Yen/Dollar ratio stays the same (big assumption), then the chart below shows the approx support pts. Interesting that these support pts correspond pretty well with support levels in US Dollar terms as well.
Weekly uptrend not broken yet, but certainly a chart that has plenty of room on the downside
Assuming Yen/Dollar ratio stays the same (big assumption), then the chart below shows the approx support pts. Interesting that these support pts correspond pretty well with support levels in US Dollar terms as well.
Weekly uptrend not broken yet, but certainly a chart that has plenty of room on the downside
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