Gold Relaxation?

it's time to take a break

As hard as I work on charting and trading, it's quite ironic to me that one of my best investments has been a veritable mountain of antique gold jewelry my family owns in a safe deposit box (it, umm, never gets worn, since I'm not exactly a socialite). Gold is "real money", and the paper junk we carry around does nothing but diminish in value.

This morning, after having hit yet ANOTHER lifetime high, gold's ascent is looking a bit raspy.

It shouldn't be a surprise. In the most simplistic terms, the beautiful cup-with-handle bullish base that gold completed at $2,000 was $1,000 "tall", suggesting a measured move up to $3,000. We bested that target long ago!