GOLD PRO Weekly August 05-09, 2013

[Triantus Shango]

guys, i have something on M5... looks like a potential Gartley BUY in process.

EDIT: new pix attached--triangle formation as decision time approached

 

[Triantus Shango]

so... massive rejection at first 38.2% fib and around RSST at 1,282.5, right before the low. re-testing.... and fake breakout? 1,264.0 next?

EDIT: Butterfly SELL on M15 with D right before the significant RSST (so far)

 

[Triantus Shango]

i don't like this. why are people still buying at this level? or is everybody just on hold because the bernanke speaks later in the day?

i feel like tossing a coin: is it gonna be up? is it gonna be down? ;-)

 

[Triantus Shango]

well.... mr market is not taking the bastion by storm, that's for sure. does this signal that RSST level is still strong enough and we'll drop from here?

gold drives me nuts!