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TFC Commodity Trading Forum

Re: Long term $/Wayne
In Response To: (Message Deleted by Poster) ()

Nice long term view. I see price has been chewing away at that resistance line for about a year now. Perhaps it's almost through. Would be typical to do what it did in 2001 and run to the next fan line. Even running up to the next important resistance line and multiple top at 90 it would be one hell of a rally that would blow the socks off a lot of markets. For starters I'm just expecting it to clear 82 and run to the most recent high of 84. But looking at your chart I could see it run to 90 if it does clear present resistance around 84.

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(Message Deleted by Poster)
Re: Long term $/Wayne