Monday, April 20, 2009

gold, point and figure chart -- search of the day

someone from Canada just arrived at the blog via this search query,

gold, point and figure chart

but the post featured on the results was about BAC, not the price of Gold. here is the standard pf chart for Gold from stockcharts:



that chart should keep updating automatically, so feel free to bookmark this post so you can check the progress on occasion.

as a bonus I'm going to show you an even more interesting graph to monitor. this is Gold too (symbol '$GOLD' on stockcharts) but instead of the traditional scaling each box takes the size of the latest ATR(1), so the entire chart will look very different day to day, depending on how volatile Gold is on that particular day.