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Long

Diamond Breakout Rally to 1284

COMEX:GC1!   Gold Futures
Diamond Breakout Rally to 1284 - 10/07
Comment: Breakout at 1277 - 11/07
Throwback to 1276 - 11/07
Resistance at 1279 - 11/07
Rally past 1281 confirms breakout to measured move - 11/07
Resistance at 1282 -11/07
Rally past 1282 confirms move to 1284 & completion of measurede move - 11/07

Gold volume was low on breakout. May be a false move. Due to the president's trip to Korea, caution is a must. Any move by North Korea may cause gold to have a major rally which will test the 1300 resistance zone..
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