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hi jeff and all the others,
i have put in also a new up fork and we have already got the first target
the medianline.
so we could see a retest of this white ml after this zoom bar. next target
would be the white upper mlh.
since we have seen a new swing high above the high from 28.8.08 we are in a
new uptrend.
otherwise ( and the ma50 is still falling) we could see a drop below the ml
and i guess that would mean we have not seen the lows.
then i would lavbel this upmove as a P4 and we still have to see a P5.
good luck
carsten
----- Original Message -----
From: "Jeff" <jharteam@xxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, September 18, 2008 5:13 AM
Subject: [RT] RE: Gold
> Greeting Traders:
>
> Gold yesterday's powerful up move was caused by an intraday Butterfly
> Harmonic pattern; currently, the rally of Gold is halted by a downward
> sloping Daily pitchfork; possibility of another down move is at sight in
> response to the said Daily pitchfork. The overall long-term posture of
Gold
> is one of bullishness as depicted on the Daily chart; this upward sloping
> fork has NOT been tested yet of its validity. A decline to its Lower
Median
> Line would be an ideal setup to monitor of its validity and act
accordingly
> for the bullish scenario. Attached is the 60-min and Daily spot gold
> charts. Take care.
>
> Have a good one
> Jeff Harteam
>
> -----Original Message-----
> From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On
> Behalf Of chaze
> Sent: Thursday, September 18, 2008 8:55 AM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: [RT] gold
>
> Ben-
>
> Any chance we can view your gold charts? If this is a sub
> that's OK; I understand.
>
> Best regards,
> Chas
>
>
>
> ------------------------------------
>
> Yahoo! Groups Links
>
>
>
>
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