OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Gold at the apex

Posted by redneckokie1 @ 17:45 on January 22, 2015  

Instead of selling off for a couple of days, it sold off intraday and rallied. It couldn’t get back into the triangle after breaking out. Supply bull markets tend to make corrections and follow trend lines, channels and fib numbers. Demand bull markets run long distances with few or no corrections. They are usually supported by strong cash markets.

This pm market may run very far with folks on the sidelines waiting for a correction to buy in.

rno

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