Re: [RT] Re: 15-min Gold 100oz

["c.l" <Calue@xxxxxx>]

hello jeff,

 

nice chart. but what does it mean?

will we go higher from this point? price met your sliding parallel and that means up? since your rsi line also broke also through a trendline?

or do we see a retracement to the black fat medianline and then down again?

nothing against your chart but what conclusion do we get? or do we see any kind of entry trigger?

 

thanks for some explanation

carsten

 

----- Original Message -----

From: Jeff

To: olmpc@xxxxxxxxxxxxxxx

Cc: realtraders@xxxxxxxxxxxxxxx

Sent: Wednesday, July 30, 2008 8:52 PM

Subject: [RT] Re: 15-min Gold 100oz

Greetings Traders:

 

Just a quick update on Gold 100oz today.  We had a downside break down of a Head & Shoulder top in the Daily and 240-min timeframe.  The attached .jpg is a 15-min intraday chart with very well defined Pitchfork; sliding parallels, price lines and time lines along with patterns.  Take care

 

Have a good one

Jeff Harteam

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