Markets Index Gold $676.9 up+10.2

Gold jumps +$10.2 and reverses up 4 sqrs.on the pt.& fig.chart, right off the rising 45 degree line, in usual form. Previously, I have sent you the chart below the report, that is fixed to report date. This time, click below, & you will have a "live" chart that when revisited, will be up to date when viewed, I hope! This time it's a 12mth. bar chart and p&f chart came off a low $655 up to $675.
My last Golden Report was dated May 10th, then at $667 dn-$15.5 that day & reversed down 4 sqrs. My downside target was $640 but got to $655, $15 in error. In that report May.10th I wrote:-
"So expect gold to remain down until the Dollar resumes it's Bear trend".
So, Gold's last fall, had to wait for the US Dollar to halt it's rise, off 81.25 last low. I believe the US Dollar is now ready to roll over. On Friday it hit a high at 82.59 vs my upside target of 83.10 given you May 10th report.
I'd advise you also, to follow the major gold mining stocks such as, GG, MDG, AEM, and NEM for a further clue for Gold's moves. Th.& Friday they all got jumping mad, even gapping on the opening. This indicates short covering that occurs before the actual Gold price gets going upwards. R-U thinking? Upside target this rise, $713-$722, my previous target but a bit short at $700as the US Dollar bottomed. Will visit here again above the $700 price.
Charlton Capital Ltd. Mr.618. Web www.Markets618.com Now Click below.
http://stockcharts.com/h-sc/ui?s=$GOLD&p=D&yr=1&mn=1&dy=0&id=p17515656556