Hi Chuk,
I agree with your post about Gold breaking out of the recent consolidation move following the rally from the low $1,500's
The break out I am refering to is a move above the upper band of the long term trend. This first occured when gold made the double top at $1,900 and then again when it ran to $1,800
See chart below
If you bring up a longer term view of the chart you can see that the upper and lower band of this channel was respected on a number of occasions prior to the move to $1,900.
strong gold trend good news for burnakura, page-47
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