Gold price seems to be forming a pennant at current levels. i...

Gold price seems to be forming a pennant at current levels. i assume the trading nornally breaks up or down from a pennant so the third mist likely option seems to be staying at $1800. given that nothing ive heared yet will stop europe and usa spending money they dont have i would have to tip further rises. worst case should be a drop to the up trend line if about $1600 so still above most valuations. surely this is just the start fir red as they have still messed around a lot and produced nothing. Once the first gold bar drop out of the slot it should be on for young and old.