This may be an intresting week. Gold made a bullish ABCD on H1, against daily bearish one, which were shown by Duane and Rat. Probably it needs one more leg up deeper into the PTA before a reversal.

A little update on the Euro chart.

Aussie had the poorest area of the three usd pairs I watched but it wasn't violated on data release. Interesting.

make or break area completely broke.....looking to the lower line now

do they really mean this?

Silver is almost to a nice spot while GDX is very close to a nice spot :)

More broken market stuff:

http://www.zerohedge.com/news/2013-09-12/vicious-gold-slamdown-breaks-gold-market-20-seconds

Bloomberg has a story on now, 'The Big Story': The Bull is Back! Nah, that isn't one of many clues about the state of this thing.

The curious thing is I have some various things that say it isn't off the table that that was the 'retest' there for the top, and that's it. I see that as a lower probability scenario, but not one that is off the table. Lotsa bulls out there, margin debt at all-time highs, Syria ready to spiral into WWIII as they put so many conditions on the Russian proposal that it's not going to 'work', debt ceiling, Bern-Qwacke next week, and on and on. I'm also playing with some timing things and other stuff, and many scenarios still say 'it could be done'. Probably not, probably it does need the one more push and more time to develop, but I'm not ruling out it's done here, or at nominal new highs. Just some thoughts.

Watch the 15-min TL here.

Stoo-pid.

http://www.zerohedge.com/news/2013-09-13/spot-lack-difference