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Message: gold chart stuff

gold chart stuff

posted on Jun 09, 2009 10:19PM

Bob Hoye looks at gold charts, suggests correction before move up (perhaps we just had it)

http://www.321gold.com/editorials/ho...

I find it interesting comparing the gold charts for different currencies...the US$ price of gold as senior currency moved differently from most others over the last year or so. In US$ gold is off about 4% from early 09 highs, but is 10-20% off in a range of other major currencies.

http://www.bullionvault.com/ Click on charts

In most currencies there have been several good moves up in gold in recent years, spanning a July low through into the following year, sometimes to April.



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