strong gold trend good news for burnakura, page-52

Hi Chuk,

I agree with your charts as well. It all comes down to the timeframe.

On a short term view (days/week) the break out of the consolidation was promising. I think this sets us up for another break of the upper band (on my chart) that signifies a medium term move (couple of weeks) to $1,900 as a minimum.

I don't see gold making a triple top (around $1,900) so if that is the case then it must push on to at least $2,000 IMO.

Your latest chart also highlights the potential of $2,200 being achieved. This lines up very well with my LOG chart which shows also shows a price around $2,200 - $2,300.

The next couple of weeks could be very telling for the price of Gold and would certainly start to improve the economics of Burnakura (stage 1).