gold report 9/10/09, page-2

Hi Red
Thanks as always for your weekly gold chart , and the work you put into it .
I know what you mean , when the "urge" gets overridden by "show me the proof "!
Whilst I don't rely on charts ( and unfortunately , not smart enough to cut and paste it here ) , I looked at the Comsec XDG ( OZ Gold share composite index ) , and its seems it has has three shots at the 5600 level on a 12 month daily basis , and tested and backfilled the latest ( third time ) , to close at 5714 on Friday .

If you take the left shoulder of your 55 day ma blue line back to back to mid October , to where the blue line actually commences , we may well be getting all the signs that the crossing isn't far away .
Thats probably just repeating the bleeding obvious , but maybe just helps confirm the "breakout " might be upon us.
But there is always surprises --but the time is more important than price principle , is just about right for execution.
I hope so --thanks again for your great work.
cheers