Gold

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

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

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

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

Take this with pinch of salt please, because i don't have a clue what it is, and because its in triangle and in strange place, but it looks for me like a cup and handle formation with potential long term target around 1530

I'm looking at gold closely as it seem to be break ing out of this big triangle