Saturday, October 17, 2009

Gold

Gold has broken out of the long term inverse head & shoulders identified here: http://rpbsinvsvcs.blogspot.com/2009/08/gold-update.html and has hit its first target of 1050. The next buy point is a backtest of the breakout at 1010. Stops are back in the basing area below 1000.


Long term holders should hold. This has a long ways to go.




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