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Monday, May 3, 2010
This Week in Charts
Wow, I got to tell ya, a little surprising reviewing the charts this week. Gold breaking up, and long term US interest rates pushing down. Pretty crazy stuff. Rates go any lower and I will have to consider it a trend change, even if only for a short period.
Placing trades on gold up, rates further down (or reverse up) are all decent trades, but need reasonable tight stops. In any event, here are the charts for your digestion: