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Earl,
Had a buy signal on gold last week and bought gold funds off of an xau
long signal monday. There appears to be a five wave correction in the
Xau. The last time that gold took off big time was august first when
the stocks tanked below a big trend line. They made a high on oct 8
...the low for stocks.
Dick
---Earl Adamy <eadamy@xxxxxxxxxx> wrote:
>
> Any gold traders here with an opinion on gold? I have the a bit of a
> triangle on the weekly continuation and a very clear triangle on the
June
> contract with a failed breakout attempt yesterday and close near the
low.
> Opinions on whether the two recent pivot lows will hold or if we need
> another thrust to downside to setup a rally?
>
> Earl
>
>
==
Big Lucky Dick
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