Feb 11, 2010

COMEX GOLD HEAD SHOULDER PATTERN OF US $85? BELOW 1060 FREE FALL?

ABOVE CHART IS COMEX GOLD.


watch carefully it has formed head and shoulder pattern
height of head to neckline is 85/86 point(1161-1075)
now if break and close below 1060 with volume it will slide to 1020/990 and even to 975 levels!


IS THIS IS FIRST SIGN OF BIG HEDGE FUND IS PLANING TO LIQUIDATE (sell) ?

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