Technical analysis of Major Markets, F/X, and anything that can be traded
This is my diary for trading
Views expressed in this are only for educational purposes. They ARE NOT recommendations to BUY or SELL anything!! ALL comments and criticisms welcome.
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Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.
— Marcus Aurelius
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Wednesday, May 16, 2012
GOLD at support
Sentiment seems very BEARISH for GOLD and GOLD stocks..
The best time to buy!
Gold the metal is approaching support as shown in the daily chart.
NEM Newmont mining weekly chart
Approaching 61.8 % Fib retrace
40 % down from it's high at 72
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