Saturday, April 7, 2012

Inflation or NOT ?

The Trend in Gold is ambivalent. The 5SMA could flip upwards again or confirm the bear. Good Friday's action hints at the former.
 The Timing model paints 2 scenarios.....

...one with a bottom in late April...
 ...one with a bottom around here...??
 The Trend on the 20yr Treasury on the other side looks for higer yields and a lower TLT ('Inflation', 'more money Printing', 'good for GOLD'...).

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