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Gold will hit $1725 by May end, $1800 by June end... charts.
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frytownfarmer
Posted 5/1/2012 22:45 (#2364453)
Subject: Gold will hit $1725 by May end, $1800 by June end... charts.



Frytown, Iowa

Like the silver post below... i am seeing a lot of similarities and "mirrors" unfolding here...

the charts are pretty self explanitory... there are two gold charts and for fun i put up the two dollar charts which support my thinking as well...

the goal is for the dollar to float slowly down.... bouncing along the resistance line along the way.... this will suppress commodities in general while the economy will appear to have good growth... it worked for a time back in these old charts... it can work again...

this is all temporary "fixes" though... think of it like a bad drug habbit....

question.... are these similarities/mirrors just by chance? or are they telling something? maybe a pattern of actions by the fed? is it time to throw away the news/rumors/fear and trade by technicals as there is someone influencing the markets great enough to throw distinct patterns? 





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