Gold broke its long term trendline, which is bearish for Gold. Gold can spike up to test the trend line again but upside is limited unless it crosses that trend line. A lot would also depend upon the greece bail out. any systemic risk can push gold higher
Silver is also bearish. after making a Traingle pattern on the charts .it broke out of that traingle on the lower side. its a text book techincials which might push silver to lower levels
Showing posts with label tech bubble. Show all posts
Showing posts with label tech bubble. Show all posts
Tuesday, June 28, 2011
Monday, March 28, 2011
The New Tech Bubble
Is it the tech Bubble 2.0 or the numbers makes sense this time ? Interesting read from NY times
http://www.nytimes.com/2011/03/28/technology/28bubble.html
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