RalphStPierre

GOLD RALLY ?

Long
RalphStPierre Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
A 5-3 pattern holds the key.
Comment:
Is the GOLD hype a warning of the end of the bull run. As the masses take note of the bull run and start jumping in. Its time to consider looking for the end of the current run up in Gold as its trading in a reversal zone and what appears to be near the completion of E of a higher degree triangle. Invalidation is above the 1366 mark. However, in commodities there is often overthrow. In any event, we are looking for revresal signs here. If they happen, thats another thing.
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