GOLDBUGS AMEX Goldbugs Index (GOLD)

[RBKissMyAs]

Nice spike but let's use DGP as another example to be cautious here. Notice the huge space left behind as outlined by the box. Then note the long bar on the left. This tends to act as a magnet to draw the price down before the uptrend continues much further. Could be this is the ONE TIME that this theory doesn't not play out but take the chart back at least a year and see that there are NO bars like that left that have not been retraced. Not one.