Re: Let's talk about the TRX/gold ratio on the monthly chart
in response to
by
posted on
Jul 28, 2011 04:35PM
Edit this title from the Fast Facts Section
Next logical move from here. 2008 low of 2 to 2010 high of 8 = 6 point move up.
Retracement of 2 points = 6 dollar range
Initial move of 6 + 6 retacement level = 12 target
This has been a textbook consolidation with low volumes.