Thanks for the heads-up bringiton,You're right - that looks...

Thanks for the heads-up bringiton,

You're right - that looks classic H&S. Let's hope it doesn't break below to complete.

On occasion, fundamentals will trump technicals. Although, often the technicals will be telling you something fundamental is at play which you haven't thought about. Possibilities here are: $USgold going sideways; $A back in favour due to commodities regaining strength; RBA nowhere near quantitiative easing.