“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
Gold Blows Through Resistance
Last week, we thought that the broken uptrend line would act as resistance for awhile. Hardly. These things happen in superbulls: headfakes, shakeouts, busted chart patterns. Remember, the bull's job is to shake you off his back.