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Thursday, March 28, 2024

Gold steps formation is bullish

Courtesy of Read the Ticker

gold-steps-formation-is-bullishMaking a clear judgment on price trend that's is correct is critical, after all the most common advice from the large heads on Wallstreet is to follow the trend. This means your trend tools must provide the clear and correct answer, readtheticker.com members are encouraged to consider RTT Steps as their preferred trend tool.

These chart examples should prove our point. RTT Steps is much better than moving averages, hands down!

Gold example


Gold


Apple Inc example

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Apple Inc
 


Investing Quotes

"In a narrow market, when prices are not getting anywhere to speak of but move within a narrow range, there is no sense in trying to anticipate what the next big movement is going to be.  The thing to do is to watch the market, read the tape to determine the limits of the get nowhere prices, and make up your mind that you will not take an interest until the prices break through the limit in either direction.”..

~ Jesse Livermore

"The four most dangerous words in investing are 'This time it's different' "…

~ John Templeton

“How many millionaires do you know who have become wealthy by investing in savings accounts?”..

~ Robert G Allen


"It's easier to fool people, than to convince them they have been fooled"..

~Mark Twain

After a question on how to become a better investor professional Mr Munger responded, ..“Read history, read history, read history."..

~ Charlie Munger

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