Friday, June 19, 2009

Charts of the day are........

....gold. First the weekly candle chart that goes back two years.


And then this 90 minute chart that shows this week's behaviour.

Conclusion: I try to avoid soothsaying too much into charts, but it does look like we're in a trading range. And if that's true you should be buying the miners here, cos they're making serious money at $900+ an ounce.