The Shaman's Tent
 

GOLD PRICE CLUES

Using the Power of The Golden Line of Intention

Gold Price Clues Gold Bars

 The Shamans Tent

The Golden Line of Intention sums up the intentions of all the major players in the Gold Market, and can be determined on both intra-day, short-term and long-term charts.

POSTED:  2/10/09

Whatta you know?

Prices dropped below the critical $405/oz. level but, have not held below that level for 24-hrs. yet as seen on the chart below.

NY Gold 2-09-09

Therefore, while the year-long downtrend in Gold remains intact, we still can't completely discount another rally using the Golden Line as a base price.

1 yr Gold 2-8-09

 The long-term trend is the one to watch for a lasting trend reversal. All for now. - George

Previous Gold Price Clues Post

 

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*NOTE PLEASE: Remember, these chart posts & analyses are for entertainment or educational purposes ONLY and only express my opinion and are not a suggestion to BUY, SELL or even trade at all. All trading is RISKY and you should consult a professional. I am merely a student of the markets and Mankind and not a licensed advisor or broker.

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Golden Line of Intention for Gold 3-13-09 

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