Wednesday, February 18, 2009

GLD - Gold, will it break the top? / Oro, puede hacer ruptura?



English-

(weekly chart)

GLD - weekly chart shows its makig its way clearly to test the par level (100), but the question is can it break it. Weekly volume showing weekness while gold moves higher, which is a nervous sign. Best play is to wait for a pullback to the 89.00 level to enter longs if it holds. Many times over when something hits the par level (100) it tends to pullback.


Español-

(grafico semanal)

GLD - el grafico semanal demuestra que va e camino a por los 100, pero la pregunta es si va a ver ruptura. El volumen semanal demuestra debilidad mientras el oro sigue su subida, señal de nervios a este nivel. La mejor operacion es de espera por un pullback a zona de los 89.00 para entrar en largos si aguanta ese nivel. Mas de una vez cuando algo llega al nivel de los 100 hace un pullback...se espera el mismo.

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