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Gold's Potential Triple Bottom and the 1.618 Golden Ratio In Timing
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Le Cafe Americain
Published : October 15th, 2014
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The timing is not exact but it is darn close. Depending on when you measure the actual first two bottoms it looks like about 1.65ish.
Dave from Cincinnati sent me a picture of the gold potential triple bottom with
his Golden Ratio
calipers and brought my attention to it.
This ratio is probably more familiar to those technical analysts who follow Fibonacci retracements which are related to the Golden Ratio.
This last bottom may have come about five or six days late at 1.618 perhaps. A valiant but failed effort perhaps to extend and pretend.
Close enough for government work.
I cannot account a trend change until we break the trend firmly of lower highs and lower lows. But there is no reason not to have a bit of fun while waiting to find out.
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chers Vladi,il est lor, oui, effectivement, et alors ? un fonctionnaire crée de la richesse ? creuser des trous crée de la richesse ? si nous arrêtions, pour voir, de payer nos impôts, vos 55, fonctionnaires compris, font quoi fin du mois ? merci d'expl
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