I am looking at gold moving above 1355 as the target for a resumption of the bull. Confirmation for me would be moving above 1524. Will see. Meanwhile I remain in watchful waiting.
"well here we are just above at HUI 222-225, right at the high end of key resistance, should breakout and keep accelerating higher if bullish as I think there is a good chance it could be, lookin bueno "so far"
Indeed Senor. This could be a bounce all the way to 250 HUI.
One of my favorite charts indicating favorable setup for gold: LINK
Edited by johngeorge, 10 February 2014 - 11:11 AM.