$NZ Price of Gold; Thin end of the Wedge

Posted on July 25, 2009 by baabaapreciousmetals

Gold in $NZD continues working it’s way into the thin end of a large wedge formation, moving sideways in a very narrow price range, caught between the forex effect of a falling USD, rising NZD and rising $US Gold price (USPOG). This is NOT price action, this is a sleeping tonic. Yawn.
NZPOG

Filed under: chart, gold, nzpog Tagged: | ,

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