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Tuesday, June 12, 2012


I'm the first to admit/claim that all technical analysis loses most of its meaning in the face of massive government intervention/bank intervention in the markets.

But large Island Reversal Patterns have signaled imminent rises in gold even through this period of massive governemnt/bank intervention.

This is not a science.  This is not a prediction.  This is not a trading recommendation.  Just an interesting chart occurrence.  And one that I find particularly encouraging.

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