504.30 over 510 tonight?, page-12

meh its not going to be doing anything, sure it may whipsaw around 505, on a extream whipsaw it may get up to 510 max, but the resistance point is clearly obvious and we are near that now at 506.

I laid 2 currency movements that would happen to give futher evidence that there will be a top in gold here and both of them have come true. The evidence for a top in gold stands as follows:

1. Bottoming USD
2. 100% for its base
3. Long term resistance
4. Runaway effect is typical at the end of a long bull market
5. Last 2 years have produced a high in december
6. Time almost sqaure with its base at 254
7. Inflation cycle