gold has jumped us$82.00!!, page-56

"Gold, daily chart - a large inverted hammer candle has been left in the wake of an overnight test of the 200 day moving average. The gold contract closed at a large daily loss, but way above its intra-night lows. We suspect that the gold price chart is going to build a triangle over time – only a much larger one than we anticipated previously. Once again, trading volume was enormous – recall our previous volume studies in this context. In gold large volume declines tend to 'clear the deck', as leveraged long positions are taken out "

http://www.acting-man.com/?p=10558#more-10558