I expect a wicked long tail to occur on the Ascending Triple Top Breakout posted. Gold should trade over $1000 relatively soon and in very quick order in my view. I am long gold futures for the record, no gold shares.

Long term metals bull here but I would take those Stockcharts P and F targets with a grain of salt.

I think we break for lunch at gold $1000 and xau 210. First we have a coffee break right here and then head up. Could be drinking coffee for the next 5 days or so. Our little parabolic jr. rally is showing its hand.

a massive breakout is still very close in my view. once the 1st NY gold close over $1000 occurs, i expect the gold price to move very fast. the news on the liquidity and dollar front just continues to spell something wicked is a coming. i woudl not want to be trading any gold right now. just suck it up and stay positioned and prepare for the big move. for one morning you will awaken to find a substantially higher gold, silver and platinum spot price.

ctrend projects

$gold....1033
gld........99