Bob wrote:
> 
> http://futures.tradingcharts.com/chart/GD/81
> 
> The chart is not updated with today's data yet, but the
> price broke down through the up trend line to about 272.
> Makes sense as yesterdays volume was not high and 'nem'
> barely budged up in price. Gold's price still needs a rest.

By the way, today's price action formed a 2-b end of trend
signal. In an up trend, within 1-4 days, the latest low is 
lower than the previous low. It did it in one day. 

Not that markets always observe trend signals. 
Not that the 2-b is saying the trend is now down.
Not that the 2-b is saying that the trend is now sideways.

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