Whether gold continues sideways for a bit I wouldn't know but my (non-chartist) eyes see what looks like a (very large) classic 'bull-pennant' being formed and we appear to be very close to the apex (before the rise). What do others think?
Compare this example to that which is happening in gold right now:
http://www.thestockbandit.com/bull-pennant/
As for the current drop in SLR SP it frustrates me a little but worries me not at all.
Drewe.
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