Thursday, April 10, 2014

Gdx & Hui put the "Hand Writing on the Wall" for the Fiat & Debt addicted .......


I think this chart should cause great concern amongst the
"FINANCIAL AUTHORITIES".

I also think the charts following will show the "Handwriting on the Wall"

and of course who can leave out the XAU;
Now we know the 50 DMA has usually provided Resistance or Support depending on the side of it the move is upon.  Also note the TREND as represented by MACD seems to be about to take a turn.   What odds will you give that after this 4th try to reverse the trend, at the close of the week the 50 DMA remains ABOVE the 200 DMA and the CLOSE remains above the 50 DMA.  What are the historical probabilities?  My money says if not now, then September.

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Good Luck

DG

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