Gold: Remember the Messy Symmetrical Triangle?
March 13th, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument.
I was just looking at the four and eight hour intervals on gold and my Magic 8 Ball, chicken entrails and tea leaves lead me to believe that we might have a bullish Symmetrical Triangle forming… Yeah, squint really hard, it might help you see it. * chortle * And right under that big, fat $1000. Squint some more and you might see a bullish Ascending Triangle.
—Gold: Intraday Intervals Forming Messy Symmetrical Triangle
Weeeeeeeee!

Gold, eight hour interval, symmetrical triangle breakout
Trying for a grand, again.

When to sell?
Hold em or fold em?
I’m holding long term, but sheesh.
Eileen, according to Jim Sinclair, who certainly has the experience and is pookie’s gold guru, Keynes’s “barbarous relic” will be blowing past 1650. http://www.jsmineset.com