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Looks like a typical breakout formationI was thinking you were talking about the triangle formation on gold
http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=4&dy=5&id=p45341617608&a=250466242&listNum=1
Which was will it go?
Looks like a typical breakout formation
Given all the political (both fiscal and monetary) chaos, I wouldn´t give to much consideration to technicals, though.
I don't think you can ever be fully prepared - mentally, spiritually, physically, financially - for what is likely coming down the pike.
... get you off your butt and doing something positive, once that starts, might as well ditch the fear, it's worse than useless. ...
The world is always one argument away from a conflict. Just be happy, work hard and be a good person. There are things beyond our control, so why worry about what you cannot change?
... There are things beyond our control, so why worry about what you cannot change?
... He compared the cold, foggy weather spoiling the event to a rape, telling ranch hands, campaign workers and reporters around a campfire, ''If it's inevitable, just relax and enjoy it.''
...
Unless Ron Paul becomes president, Obama will attack Iran, using a false flag to kick it off. It's seeming more likely that it might happen before the next election.
Not going to happen.
Not going to happen.
It will happen 2013 at the latest. They've been planning it for over 30 years.
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