Thursday, October 14, 2010

Long -- Is that Bulllish?

Went long Gold priced in the Euro, which has put in a big bull flag since August from 900 to 970

Using Forex.com to accomplish this trade

I think the extreme poor quality of Bloomberg provided free charts is a good indicator of the complete disdain by which they treat their cattle.

Here it is:

http://www.bloomberg.com/apps/quote?ticker=XAUEUR:IND

Here is my chart




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Insightful and Useful Comment!