chart breakout !!! sellers are thining.., page-27

Goodone - Gold was doing just fine before QE was even heard of . No reason why this can't continue .

Expectations are that the FED may try and taper QE but it won't last long . Economic data is still very weak .

Much of this is already factored into the gold price . I think we are now seeing a reversal of the anti gold trade . Shorts are covering and new longs coming in . The same greedy speculative forces that pushed gold lower are now pushing it higher again.

$1550 is a real target before years end imo .

Looking at gold stocks , it seems that the buyers may have finally returned . AMX is still way behind on the corrective bounce higher compared to other golds . Much further to go imo . Sellers can't sell forever and buyers are gathering .

Load up under 18c imo

I