GOLD 0.51% $1,391.7 gold futures

i feel compelled to issue a warning here

  1. 2,213 Posts.
    Due to last nights action you all need to be very careful rushing back in.

    This is a big BULL TRAP. It should be warning enough that gold shares declined but even bigger warning is a very large gap up in the 10 min chart from 1551.
    I have NEVER seen a gap in the 10 min chart go unfilled for longer than 48 hrs. Gold will get sold heavily at some point early next week.

    Aussie gold shares I expect will rally slightly on Monday and most appear to be likely to form bearish flags.

    Tread very carefully.


    Once again I shall not be responding and will only post when I see something significant
 
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