Quote from: rpietila on May 26, 2014, 06:42:49 AM

Quote from: keithers on May 26, 2014, 06:05:21 AM

That chart looks like a correction, but I wouldn't call that a collapse...

It is a fractal, just like BTC. The recent top is same shape but larger than the 2008 top.

I don't know Fractals or TA,

But If I'm doing right assumptions on current Gold price regards to sad macro-economical situation and TPTB dampening on it,

How probable it is that this could be a reversing market trend indicator?

I do believe that it should be reversing soon, when USD status as Global Reserve Currency collapses.