Friday, June 18, 2010

Timing Ideas: Watch GOLD !!

Let's start with SPYDER that has a date with another energy field next week. Remember that is is the bigger field comapared to the one last week where the SPYDER decided to accelerate (rather then turn). Given the maturity of the Chartpattern (of the correction) this could well be a good turning point....

Gold set a new all time high, but the high has not been confirmed by Silver, Goldminers and Gold in Euros. Against this backdrop look at the MONSTER energyfield here in GOLD which is 3x the power of the SPYDER-field in a market that seems exhausted.

  1. Gold could top next week and pull back into early july...
  2. ..or go parabolic to 1300-1350 and pause/break in early july...
  3. ..or use both energy fields and go crazy straight to the moon (1500)


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