Posted Nov 07 "Gold's had (1) a nice run of about $125 over 5 days so it's time for a bit of a breather. (2) $1800-$1819 should form a temporary top, (3) accompanied by a retracement back to the low $1750s at which time the model should give a signal to buy the final 1/3rd trading position of this upleg. Points (1) and (2) are not model-based - simply predictions based on my own assessment."

One week of more day of rising POG after having retraced back to the expected price point, and the EGM model will give the goahead to buy the final 3rd long position.... in pure gold & derivatives.

Poor Tan Range.... and me after a good drubbing late last week thanks to a disgruntled Hedgie selling out indiscriminately @ the prevailing bid. Seems almost every stock I own has been in the bull's eye lately. LakeShore Gold a few months ago down 60%, AUM, Agnico Eagle last month down 40% etc..... Thank goodness for the evolving TA component of the EGM model which has saved my arzzz and gave me signals to get out of positions of select stocks at key points.