GOLD RALLY IS VERY SLOW AND FAILS AFTER MAKING A SLIGHTLY HIGHER HIGH, A COMMON FAILURE PATTERN AS BUYS JUST ABOVE THE PREVIOUS HIGHS ARE TAGGED AND GOLD GOES DOWN FROM LACK OF BUYERS AT HIGHER LEVELS. PLACING YOUR ORDER ONE TICK ABOVE THE OLD HIGH IS A LOSER'S MOVE, EVEN IF GOLD DOES BREAK HIGHER. ONLY BUY ON WEAKNESS AND SELL ON STRENGTHThursday, April 1, 2010
WHAT DO YOU THINK THE BULLION BANKS ARE DOING RIGHT NOW?
GOLD RALLY IS VERY SLOW AND FAILS AFTER MAKING A SLIGHTLY HIGHER HIGH, A COMMON FAILURE PATTERN AS BUYS JUST ABOVE THE PREVIOUS HIGHS ARE TAGGED AND GOLD GOES DOWN FROM LACK OF BUYERS AT HIGHER LEVELS. PLACING YOUR ORDER ONE TICK ABOVE THE OLD HIGH IS A LOSER'S MOVE, EVEN IF GOLD DOES BREAK HIGHER. ONLY BUY ON WEAKNESS AND SELL ON STRENGTH
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