Sunday, March 15, 2009

Gold GDL: consolidates in a Handle of Cup and Handle. GDL, GDX, HUI, XAU, RMK.v, TNR.v, BTT.v, GBN.v, CGH.to

Gold is consolidating in a weekly Cup and handle bullish formation. Last week bullish Hammer appeared on the chart with US Dollar sliding down. Once "normal" US Dollar-Gold relations are back Gold will move decisively higher.

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