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Gold is still within its long term wedge As the price hit the higher ends of the wedge it was rejected A head and shoulders has formed The neck line has been broken And so has the low

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They predicted the retracement Now they see the sellers once again taking back control of the market

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NEEDS CONFIRMATION 1) BREAK OFF 100 + 50 SMA 2) BREAK OF PENNANT LOW 3) CANDLE CLOSE

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Both have forecast cable going to 1.2650 then down to 1.1500

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The Sellers have been very much in control of this market Now they are approaching a number of support lines where they will reach walls of buyers Can they keep on over powering the buyers?

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USD index is coming up to a key resistance off 100. Can the market break this level and if it does how high can it go? Currently the Fed Fund Futures are pricing in about a 70% chance of a rate hike.

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Will we have a re-test of 100 or will the USD push higher against the JPY

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USD strong against the SGD since 2012 Buyers dominating once again

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USD is strong Has been in a long term bull trend against the SGD Buyers are dominating this market

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Gold is arguably still in a bull trend from 2001 We have seen a pull back and the formation of a descending wedge Will we see a break of the wedge and a break of 1400?

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Long term bull trend with a recent pullback in the market. Offering the opportunity to buy the dips

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INDICATION OF BUYER STRENGTH BEING BACK IN THE MARKET VERY NICE LONG-TERM BULL TREND

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Euro currently looking fundamentally weak against the US Dollar as a December Rate Hike will cause a further divergence between their monetary policies.