Wednesday, January 04, 2006

Gold 8 hour chart

It was an excellent new year start for gold , silver and their indices. The 8/24 hours gold spot chart is annotated with a 3 parallel lines to make it easier to see where things are probably headed and what performance one should expect from the Forex of nature.
In the future I might post some gold and silver stocks charts but I want to warn you that the stocks tough can and do outperform the physical stuff are very different from the metal itself for obvious reasons.
So is the futures, cfds , options , derivatives ..etc- which are all paper gold instruments and under some circumstances could be defaulted .

Gold intraday chart

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