Gold Market, Two Charts
As you build a model of the trend you want to find in a Sector or stock that has a trend you can find. Better yet if you can catch it while it changes trend from down to up. Compare the left chart, GIMBO with the RIGHT hand chart, DIMBO. If we are constructing a model of a chart of a stock or sector we want to buy into, which one typifies the best situation that can be there for us : Bottoming, ready to move up, LEFT HAND SIDE, or CRESTING or ROLLING OVER with no decisive trend outlined.
First published here: Gold Market, Two Charts
First published here: Gold Market, Two Charts