Tuesday, 29 March 2011

Gold Commentary

Disclaimer: I'm not an analyst and I am wholly unqualified to give any financial or investment advice whatsoever. This is just a place for me to put my notes accessible from anywhere and for a few friends to discuss.

This is what your candlesticks/ohlc charts obfuscate from view. Look how nicely this played out today after the failed fulcrum I spotted earlier. Serious resistance 1423.10, which, given the patterns would make a nice entry point just above. As I write though the market has backed off from this level.
1/2 point intraday

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