ARTICLE SYNOPSIS...After making a breathtaking, parabolic move toward 25, the gold/crude oil ratio has consolidated, tracing out what could be the early stages of a pennant or wedge pattern.
ARTICLE SYNOPSIS...The belief that the price of gold has been moving inversely to the US dollar is now a wrong belief. Why?
ARTICLE SYNOPSIS...Using Elliott wave analysis we can calculate that StreetTracks Gold Trust Shares should fall approximately 34% from current price levels.