gold, page-49476

Bit of volatility overnight but the activity didn't seem to be that active.
There was certainly an attempt to cap under 1290.
Gold is indicating a large cup with the handle forming at present on the weekly chart.
The beginning of the cup began by the look of it around the 11th of April last year and thats when these bums began a massive bombing campaign which was finally rejected on the 16 of August creating the bottom of the cup.
As we approach the anniversary of the bombing campaign,will the handle complete.
One's things for sure,there will no doubt be a big scrap but the bigger the trend the less ability these bums have to alter it.
We await.