This has been a volatile, whipsaw trading environment for many gold, and gold stock traders. But, it shouldn’t be. Because gold, and gold stocks have been following a veritable bread crumb laden, yellow brick road-map.
Don’t believe it?
Balderdash, you say?
A little too much hubris?
We shall see…
But before I get to the bread crumb laden, yellow brick [...]
Trading Gold: Follow the Yellow Brick Road-Map…
July 1st, 2008 · No Comments · Gold & Silver Charts, Gold and Silver Stocks
Tags: Gold chart·Gold Price·Japanese Yen·US Dollar·Yen Carry Trade
Gold vs. 10 Year Bond Yields
May 30th, 2008 · No Comments · Gold & Silver Charts, Gold and Silver Stocks
There are coincidental indicators for trading, and there are incidental indicators. Knowing the difference between causation and correlation is where the real value in charts and technical analysis is found.
Traders are wondering what to make of this recent volatility in gold? They ask - “why is gold correcting with oil at record highs, and inflation [...]
Tags: 10 Year Bond·Causation vs. Correlation·Gold Price·Trading Gold