pmex
12-07-2009, 11:02 AM
Long-Term $US 5 x 3 Gold Chart - Since The 1985 Low
This chart is based on Comex spot future daily CLOSING Gold prices
Latest Update: Friday, December 4, 2009 - DOWNTURN - GOLD BELOW $US 1170
The close above $US 1020 on September 16 (see below) is FOUR clear "Xs" above the $US 1000 double top on the chart set in March 2008 and February 2009. The entire bull market from its bottom is thereby re-validated.
The close above $US 1035 on October 6 is THREE clear "Xs" above the September 16 close. This signals the HIGH likelihood of an imminent surge in the $US Gold price.
This Chart is updated as the chart moves. The chart will not move as long as the spot future Gold price
closes between $US 1184.90 and $US 1165.10.
http://www.the-privateer.com/chart/gold-pf.gif
This chart is based on Comex spot future daily CLOSING Gold prices
Latest Update: Friday, December 4, 2009 - DOWNTURN - GOLD BELOW $US 1170
The close above $US 1020 on September 16 (see below) is FOUR clear "Xs" above the $US 1000 double top on the chart set in March 2008 and February 2009. The entire bull market from its bottom is thereby re-validated.
The close above $US 1035 on October 6 is THREE clear "Xs" above the September 16 close. This signals the HIGH likelihood of an imminent surge in the $US Gold price.
This Chart is updated as the chart moves. The chart will not move as long as the spot future Gold price
closes between $US 1184.90 and $US 1165.10.
http://www.the-privateer.com/chart/gold-pf.gif