Sunday, April 15, 2012

Timeframe Reversal

 The dollar has made some gains against gold since last year, but minor reversals followed by significant upward trends have been the norm since 2001. Aside from 2007, where gold reversed against the dollar for about nine months, most bearish reversal timeframes have been in the five to seven month range.


 Left click on chart to expand








Always perform your own due diligence. These are only my opinions.