GOLD
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Subject: Markets - Gold $738.9 dn-1.00 bar chart
Sunday, September 23, 2007

Markets - Gold $738.9 dn-1.00 bar chart
Note: This report is written from Bogotá, Columbia, and spelling check is in Spanish, so bear with me on the spelling. Engineers have always had difficulty in that subject, they are very logical but spelling is not. It's an art, like in painting. My targets on the run up on Gold have been fulfilled at the $735 target, given to just as the breakout was to occur. As you know by now, I need not remind you every day of price objectives, just watch the charts with my forecasts and place your bets gents. Yes, this is a game like a casino, so be warned right here and now, it's your money not mine. You have to a "man" to handle this business.
Last report dated Sept.6th then at $691 up+9.6 and stated the following:-
"And before your very shifty eyes, the chart of all charts, the point and figure, indicates a breakout for gold at $690". ..and so it came to pass.

So you can plainly observe my report on Sept.6th forecasting the breakout and now my target hit $735. A rise of $45 or $6.5% in 18 days or 131% the year. Gold price will now await for the US Dollar to have a weak rally, if at all, before making a top.for a p&f reversal. Not evident yet! Gold will back off presently and is overbought on the p&f chart. Good chance with the US Dollar in the Dog House, Gold will trade above $700 as I have a S.T.support at the $703 level.

Click here for a look at the bar chart


Chartton capital Ltd. Mr.618 here.


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