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On Pins and Needles in the Mideast


In the gold, remember I told you we're moving into what we call a wedge or triangle is a better word. You don't see it; look at how you're moving there, look at how you're moving up here. As you get into the apex of the triangle, that's the right word. It has to break out one way or the other. So that seems to be where we're trying to head.

What you have is a stall; you have higher lows. But you have from here down to here now, the two apexes at those tops; lower highs. So this makes up that we're in that triangle pattern and we're waiting to see which way we break out. 

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