Markets Index Gold $669.7 dn-1.8 p&f chart.
Gold is making a breakout on the point and figure chart today and that price was hit at $670. Bar chart remains bullish and heading higher for now.
Last report was Mar.12th then at $646 dn-$5. In that report I wrote:- "So you can see why gold is nervous like a bungee jumper, but the chart and math direction look positive, just watch for it".
Chart low here was $635 and my downside target was $640. So gold is going higher for a good rise. Target $716-722 which we hit the last record rise to $730 May 2006. How about a 12 month high to high this May for a W.D.Gann cycle-of-time? That would be interesting.
This is bullish for Crude and negative for the US Dollar. Still waiting for my downside target to hit at 81 for a double low.
Charlton Capital Ltd. 618 and it's gone passed mid-night.