AleksanderThor

Gold - Weekly Chart

AMEX:GLD   SPDR GOLD TRUST
Why Gold             is starting to look interesting:

- A 0.618 Retracement from the top in 2011
- A Falling Wedge with a RSI divergence
- A potential RSI BAMM Pattern with a 1.236 Extension
- The current situation in the world markets

Love the chart, seems like the conclusion is still wait and see though based on this chart.. no reason to get in early
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AleksanderThor dsorchestra90
Exactly! :) Wait for the market to prove or disapprove your analysis!
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