GOLD 0.51% $1,391.7 gold futures

is the australian dollar gold going to $600

  1. 5,881 Posts.
    then $768.

    Looks like we are starting to form the handle of a cup and handle formation I get the cup depth to be ~$128 dollars, a breakout from the rim of the cup at 640ish would give a target of ~$768.

    http://stockcharts.com/def/servlet/SC.web?c=$GOLD:$XAD,uu[w,a]waclyyay[df][pb50!b200][vc60][iUb14!La12,26,9]&pref=G

    Same thing happening in the Loonie

    http://stockcharts.com/def/servlet/SC.web?c=$GOLD:$CDW,uu[w,a]wallyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G

    Target $720 +

    Gold is about to stick it up the critics over the next year.
 
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