Marius Johnsrud

Getting ready for a big move

COMEX:GC1!   GOLD FUTURES
327 0 5
Gold             have been swinging lower for quite some time, but have so far failed to take out the 1200 area.

There are lots of stop orders below 1200, so a real break below should trigger a larger move to the
down side.

If it takes out 1280 to the upside, I will look for a pullback and a final target on 1560. stop is placed under nearest structure

Markets alternate between low volatility and high volatility . Low volatility is followed by high volatility . We are now in a low volatility environment. guess what comes next.

Final note:
If the pullback in stocks speeds up, gold             should move to the upside!
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