As I promised before, I finally managed to get those gold charts posted on Flickr so they could be seen here.
The daily
courtesy of stockcharts.com
The trendline is just barely intact. Really need to see a move upward from here.
The weekly
courtesy of stockcharts.com
(Take a moment to appreciate this chart. It really is a beautiful chart)
The trendline is solidly intact.
My conclusion--the long term bull market in gold is still running. This may well prove to be a buyable dip.
Wednesday, January 19, 2005
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