Gold

well i hope you were long here MM!!

i think your right, from your chart it could be a c & h....or maybe a bull flag....

it was one of those 2 as its broken out strongly today...

the rsi may well be well overheated zone now...so maybe a bit of a p/b...then higher??

but wdik...

good luck..

atb, wdik, dyor,
trendfriend

yeah, i'm long here, one from 1300 one at 1345 and one at 1350, so happy to see its flying, it went through all resistances i've had, so the next one i'm targeting in short term is 1430, i'm long on silver as well but that was a gamble trade, just because i tought gold up then maybe sillver as well, happy days

Very interesting chart made by some ewt people, with even higher target, definitly worth going long if it retreaces to the brake out point at 1370

clearly broken above a long term pivot resistance level.....which looks to be the momentum trigger which the sharp rally...

i think keep a watch at the price action in 2012.....seems to be another pivot level there at around 1550 (ish) area...

atb, wdik, dyor,
trendfriend

There is H&S on gold atm with target at 1416 which is also next to 50% fin line of recent rally, 1530 target has been hit but long term there is another one at 1700. So this retracment can be a chance to go long again or like me gamble little bit and go short

It didn't go all the way where i wanted to, it did equal legs and up she goes now as broken out of bull flag, targeting recent high at 1557 or even higher, long term target remains at 1700 so fingers crossed