don't (can't) break the china folks: it's gold?dmj, page-64

As I don't use sophisticated pasterns like flags, pennants, wedges, I am not that excited by gold's rally. The price is still stuck in the tight range 1174 - 1224 for the 3rd month. It has to break out of these "shop" before we can see some directional movement. Right now you could have a follow through buying into tomorrow then NY boys come and profit take for the week end and push it back down. It may even be next week so range price action is rather random in nature