"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Tuesday, September 28, 2010

All About Uncle Buck

Technicals are not the be all and end all.  Unc could shrug this off at any time and light a fire in the casino. But the technicals are the technicals, and the technicals say this breakdown projects much lower.  In the buck's favor is slight bullish divergence.