Gold.

Posted on Feb 25, 2010 by WHC Bassetti in Letters

This is not a positive picture, but perhaps not all is lost.  Two lower highs have been made and lower lows.  The Basing Point stop is illustrated, and we would  definitely honor it.  While gold may regain its glory, sitting through extended downwaves is not necessary.  The proper Basing Point is shown with the stop of 100.04.

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