An informal presentation of technical analysis, market ratio analysis, psychology and macro fundamental opinion... along with whatever else is required to stay on the right side of the markets. The premium NFTRH service takes all of these and more to the next level.
"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
Thursday, May 31, 2012
GLD 60 min. chart
Gold needs to think about making a higher high in accordance with the bullish divergence in the lower panel indicators because that is really important support just below. This post is for 'price' playahs and casino patrons only. Value holders... as you were.