Tuesday, October 25, 2011

25 Oct 2011

 ST HS turned up today.
 Could gold have actually bottomed?  Looks like it could decline further as it did in 2008, but it might not be very large of a decline.
 Long term indicator has started to creep upwards, but not much change here.
Medium term increased today, but at a slower pace.  We will need to watch where it rolls over.

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