Technical trader and long time follower of precious metals has an alternative view to the current gold breakout. Read it on Financialsense.com @
http://financialsense.com/editorials/saxena/2009/0903.html
BIG MOVE COMING
by Puru Saxena
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"Although the weekly chart for gold looks like a gigantic ‘inverse head & shoulders’ bottom formation, it could also turn out to be a massive double top. Remember, gold’s chart pattern looks eerily similar to copper; just before it staged a spectacular decline last year."
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The current market has rewarded the those who didn't follow the crowd quite regularly in the past 3 years.
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