This blog is about how the world stock markets perform and which way they will take next.I have developed my own technical tools during 30 years to give the investor early warnings for coming big changes in the main trends and for the trader to take positions before the markets react. Click all charts.
12/01/2012
Gold is in a 11 days uptrend and closed Thursday at 1.650. First resistance is 1.677. Gold has done five waves on downside which use to be the beginning of a down trend.If the current uptrend will reach only three waves the gold should be in for a big fall. This will take about two weeks to figure out.
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