2009-05-29

Gold 4h

While some "smart" people think gold will go to $200, we see how gold go up and up.
Now the price is at the upper boundary of the channel and gold must decline, else gold will go to parabolic bubble phase :-)

If gold began decline, the lowe two lines, brown and blue are good targets.

It is also possible gold to move between the upper two lines. as it did with previous short term top - couple of days ago.

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