Gold: It’s a Bust!!!
For those of you who read my August 11th blog, found here: http://blog.qualitystocks.net/?p=11665, you knew that gold was in uncertain territory. It could have been a possible bottom, or it could have been on the verge of collapsing to lower lows. The days following the article have finally answered our questions. The verdict is in: it's a bust!!! I know some are just flat out non-believers when it comes to technical analysis, but the gold chart is a perfect example of just how powerful charting can be! This article will update the chart, and it should be noted that all…