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Message: McHugh's Latest - Dollar and Gold

McHugh's Latest - Dollar and Gold

posted on Oct 25, 2008 12:44PM

McHugh has a free 30 day trial that is worth a look.. latest comments on Gold:

"Gold could be approaching a bottom according to the Daily Full Stochastics

, and the ElliottWave count allows for a bottom. However, both the weekly and monthly Full Stochastics do allow for more decline. A closer look at the weekly Full Stochastics suggest a significant bottom occurred during the summer, that the recent sell signal is minor, along its journey to readings above 80. So we continue to believe a rally should resume soon, one that takes Gold to new highs."

https://www.technicalindicatorindex....



SilverNut

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