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).
Hi Chuk,I agree with your charts as well. It all comes down to...
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