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Jim’s Mailbox

Posted by Jim Sinclair on September 8, 2009 @ 11:45 am in Jim's Mailbox

TA on GLD: Strong Technical Picture
By Eric 09/08/09

  • "Jumped the Creek" or expanding volume as the gap resistance is breached.
  • "Three taps and out" suggest resistance will fall.
  • Still waiting for a "Jump of the Creek" at the all-time high.

Click chart to enlarge

GLD [1]

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[1] Image: http://jsmineset.com/wp-content/uploads/2009/09/GLD.jpg

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