GOLD Market Follow Up

Commence with Gratitude to The Ultimate Knower!
Gold has spiked up with higher volume. Furthermore, it broke above the trend-line, which has offered strong resistance to any up move, in the last 60 days.


If you have read my recent update posted on 02-11, about the Silver Commodity, I had indicated a time cycle coming in on the 2-15., which has high correlation with the change in trend. Does that mean, that downtrend is complete, are we done with downtrend move? Based upon today’s move lined up with the time cycle, which came in yesterday, it is possible.


Does that mean, I am wrong about the further down move in Gold started on 02-12? Yes, I might very well be wrong in shorter time frame.


However, I believe that there is one more down leg left in the Gold and Commodity. But I shall have better vision after tomorrow’s price action. As I have recurring thoughts about fake-out (break of the trend-line), and is this a pre-cursor for the further down move??/