Saturday, December 8, 2012

I have a bad feeling

We must be careful about this monthly chart. We already had big movement from 1523-1798. Nearly 300 dollar movement. The thing is monthly stochastic is already in overbought area. Monthly MACD is losing it's steam. We know they printing loads of money. It should be positive for gold price. But they're still controlling  the paper market. So they can slam the paper price with those newly printed fiat. This is my suspicion. Month December might be down. So be careful if you're trading paper gold or silver. 
 
 

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