Gold is breaking out to the upside from the last resistence/consolidation of 930. It is consistent with the recent risk-reverse trade: buy gold, treasury and shun equity, oil.
This leg should carry gold back to the old high of $1000. But gold should eventually join equity to the down side, too.
Gold: if you can\'t beat them, join \'em
AnotherInvestor (2009-02-17 07:40:06) 评论 (0)Gold is breaking out to the upside from the last resistence/consolidation of 930. It is consistent with the recent risk-reverse trade: buy gold, treasury and shun equity, oil.
This leg should carry gold back to the old high of $1000. But gold should eventually join equity to the down side, too.