Monday, February 06, 2006

Gold four hours chart

Dear readers,
It is my opinion that gold might be very close to a point of a sharp, volatile and violent move which will result in a price of above 600$. The Investment world finally start to recognize the extremely bullish fundamentals, the relatively huge short positions and most of all the opratunity for unusual high reward low risk "investment". This move will come regardless of any political development or Forex markets fluctuations.

Click on the chart below to enlarge


gold chart



Links:

Gold global perspective: The great Gold paradox (part II)

Gold global perspective: Gold Short positions

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