Wednesday, August 10, 2011

Gold : 10 Year chart




This is one super bullish chart. Went berserkely exponential.
looks like its going for the top of the channel.

Can't blame Soros for cashing out of his Gold position.
As it has surpass every elliot technical level.
Looks like its on a extended , extended 5th wave.
Exacerbated by the "Gold myth" ; Invest in Gold when all else goes crazy !

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