what i see is the potential to have a consolidation on gold of the recent run,, maybe to 2200 or 2150 as potential bottoms, that would fit with the XGD having a backtest of the pennant formation, im guessing ball park 2 to 3 months for gold to have consolidated and back to its all time high. Of course thats only my guesstimation of what is going on.. could be miles wrong.. in fact theres a far higher probabilty of me being wrong than right. especially considering i keep putting my neck on teh chopping block with very specific guesses.. i should try to be more vague
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what i see is the potential to have a consolidation on gold of...
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