Gold has been bouncing off 850 for a very long time. Too long to excuse in this chart pattern. Gold is range bound it is not a W or head and shoulders it is ranged bound. It will take news to move gold and when it happens it will be a big move.........because we have a lot of people who bought at 850 and a lot of people who shorted above 900. When Gold breaks out of this 2 month plus trading range it will be a big move.