UOB Gold - daily
799x487
UOB Gold - weekly
797x485
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UOB Gold - daily 799x487 |
UOB Gold - weekly 797x485 |
| Because of Nigeria oil workers kidnap story, gold will bounce, at least for the short term, in my opinion. Technically UOB Gold fund is on lower up channel on daily chart which means it is a low risk entry point for TRADERS. 20/2/2006 is a holiday in US. So trend followers in US will want to be in the game again if there is no external forces trying to surpress gold price. What do you think?
22/2/06 : Another analysis by my guru, Jim Sinclair: http://www.jsmineset.com/ARhome.asp?VAfg=1&RQ=EDL,1&AR_T=1&GID=&linkid=3411&T_ARID=3480 |
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