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Re: [RT] RE: Gold



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ML Guys-

Please, I'm a little confused.  Exactly where is the 'make 
or break' point for any
new uptrend.  The Lower Medium Line; or the Middle Medium 
Line?  Thank you.

Chas
=====



On Thu, 18 Sep 2008 18:54:27 +0800
  "Jeff" <jharteam@xxxxxxxxxxxxxx> wrote:
> Hi Carsten & traders:
> 
> Intraday charts have already tested and are still 
>testing the Daily Median
> Line at around 868.5 ~ 870.0; intraday pattern is in the 
>making but has not
> been resolved yet.  It is important to note that both my 
>Daily upward
> sloping fork and yours have NOT been tested of their 
>validity yet.  All the
> same, thank you for you contribution and insight.  Price 
>Actions and Babson
> Action/Reaction time line will point to a resolution of 
>the current posture
> of Gold.  I will post  some intraday charts later once 
>pattern starts
> showing up.  Take care.
> 
> Have a good one
> Jeff Harteam
> 
> -----Original Message-----
>From: realtraders@xxxxxxxxxxxxxxx 
>[mailto:realtraders@xxxxxxxxxxxxxxx] On
> Behalf Of c.l
> Sent: Thursday, September 18, 2008 6:13 PM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: Re: [RT] RE: Gold
> 
> 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
>>
>>
>>
> 
> 


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