XAU looking scary!

The 12 1/2 CYCLE draws to its close. This in all my trading has to be the perfect chart! A perfect bowl, a perfect retrace of its starting point. When the upside parabol of this channel breaks - its gonna fall hard and fast. How and why, pure technicals.







The parabolic blowoff is near.......very near.

This has to have the big technical traders getting ready to lock some profits.

Notice also the last tops - May 2002/January 2003/December 2004.

Febuary 2005?

MACD and ROC at extremes, record for the weekly chart.






Once the blue line turns down I am loading short big, really big.

West