Sunday, November 15, 2009

Gold Gone Wild!

In the Shiny Coin post on July 1, 2009, I presented the "reverse head and shoulders" technical chart pattern illustrated below.

The chart below shows gold over the past 11 months. It has played out in textbook fashion. It has blast 13% out of the $1000/ounce psychological barrier. Is $1500/ounce right around the corner?

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