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Log charting VS Linear Charting…..Which one is more accurate or correct???

Posted by silverngold @ 17:27 on March 14, 2016  

My weekend study was trying to directly compare identical gold charts. One was in Log mode and the other in Linear mode. Click on the chart to expand and you will see a world of difference in the outcome. Everything in blue is the Log chart annotations and everything in red is the Linear chart annotations. While the Log chart reaches $5000, the Linear chart only reaches $2600. If I was to extend it out to 2032 the log chart reaches $15,000  but the Linear chart only reaches about $4500. Who you gonna believe???

Makes me really question the validity of charting as a means to determine future pricing.   All the Best from Silverngold

Log and Linear gold

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.