This was hand drawn owing to lack of suitable software for drawing pitchforks but the point is clear! Enormous move in gold is possible from here on, to $2100 or more to get to the median line of the old pitchfork that encompasses trading right back to the pre-insane days near the end of the 1999-2011 bull market. Alternatively, gold fails here at this $1760-1800 level and that could be the end of the bull for quite some time. The multiple pushing upwards against this line hints at a real battle between buyers and sellers going on here and constant buying pressure. If it breaks above, those sellers will probably become buyers and the up move could be very quick indeed.
