Once again, it's back to the big picture chart that kept us steady during all the hand wringing in 2007. A huge cup w/ handle on the XAU showing that no matter the short term angst - and da boyz is really puttin' on da full court press to gold bugz as dey tries ta scare 'em wit all kindsa bearish jive and da CoT's - the big picture is technically positive and in line with the positive fundamentals. Measured target is much higher. Once again, you do not pay me to tell you what is going to happen and even if you did, I wouldn't be able to do so. You make your own decisions. I can only put up what I see.
Monday, January 14, 2008
XAU Cup & Handle - Big Pic A-Okay
Posted by
Gary from biiwii.com
at
10:45 AM
