It looks like our little triangle consolidation pattern is finally resolving its self to the upside this morning with a nice breakout gap. This triangle pattern, that has taken roughly 6 weeks to complete, will probably be a halfway pattern taking us all the way up to 1000 before we get any meaningful correction.
gld3.png
Putting our little triangle into perspective:
gold3.png
I want to wish everyone under the tent a very Merry Christmas and a healthy and prosperous New Year…Rambus