Thursday, March 1, 2012

THE WEEKLY: A Gold sampling..........

THE WEEKLY: GOLD Analysis (02/24/12)

The converging 50/200day SMAs was THE precursor to a large move one way or the other.
Today's (Feb 29th) 4% move lower is exactly the VOLATILITY the chart was telling us to expect.
Our bias has been lower for the Medium-Term, perhaps this is it?