![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_4.gif)
The Technical Take
...as we head into the end of the Month (and week)
...but remains in the down channel.
...as the long term trend line is touched.
...as another lackluster day gets chalked up
...in an otherwise dull market
...as the $1800 level comes under pressure.
... a taste of things to come?
...all over again?
...back to our previous breakout.
but the Metals are unaffected.
...as the grouping around $26.00 continues.
...as the Ratio breaks long-term Resistance
...as Silver develops Power Trend
...summer shenanigans, or something more serious?
as Silver clears horizontal resistance
...heading for a positive close on the week.
...a potential reversal at the end of the quarter.
...as the inside uptrend fails.
some positive developments after Asian selling abates.
as yesterday's defined channel bottom holds.
...if we stay within the boundaries - we have some upside ahead.
... as the market moves back up.
...after the deluge
...and what it means in the present market.
after a month of meandering
...volatility crushed as market is becalmed.
...and why it pays never to anticipate the market.
... does the developing channel hint at a higher move?
...can't break out... won't sell-off.
...but still fighting its corner.
...we check the conditions.
....the profit takers are emerging
....as the rally develops
...and prepare the stage for rally.
...the threat of a reversal formation was too much for COT to resist.
...as Gold indicates a potential Breakout.
...closing in on major overhead resistance
a developing trend points the way to higher prices.
...as the market consolidates.
... a natural pause, creates a potential for length
...as we clear another resistance marker
...our target has been bettered.
...and a take on the near-term prognosis
...the next target - in a generally bullish picture.
The Metals Are Moving at the Whims of the Stock Market.
...so far Gold and Silver are hanging tough.
...breakout followed by a gap.
tighter labor conditions fuel fears of wage inflation.
...while we rest at horizontal resistance.
...just when it looked like clear sailing was dead ahead.
...we're still short of a breakout, however.
...up and down we go; but is a trend emerging?
...just when the bears though they had it in their jaws.
...as the tail-chasers emerge.
a less than impressive Friday close leave Metals under pressure
...the moving averages are holding - for now.
Silver Takes Out both Moving Averages.
...conflicting technical signals, but the trend is holding, so far.
... the market is poised to move higher.
US Banks Will Be Prohibited from Buying Russian Sovereign Debt
...are we going to make it this time?
...a potential reversal brings the market some much needed oxygen.
...until we negate the channel... we're going nowhere
...can the inside rally become bull market?
a potential gap higher, as we close in on the 100-day moving average
...and why discipline pays
...now for the tough part.
a possible reversal meets horizontal resistance.
...as the holiday weekend lifts the market.
as $1700 approaches.
Friday's Close Did Not Help
...downtrend accelerates
we have arrived at an interesting crossroads.
...as NASDAQ swoons and Gold tries to hang tough.
...a breakdown...or a set-up?
...when you can't break free - the scalper's tools can come in handy.
...and the 50-day moving average sets the pace, again.
...still searching for the breakout.
Silver leaps 2% on the day...Dove-ish FED does the trick.
...a new uptrend develops, while fears of an equity pullback hamper higher prices.
...can it break free?
....increasingly, that seems to be the case
...and a new strategic outlook.
...and we search for a near-term bottom.
... the Dollar bears are feeling the heat
...as the channel grips the Metal.
...as the market settles down.
...as the bottom of the channel beckons
...but the Metals have been weakened significantly.
... and the Gold/Silver Ratio climbs.
...as we touch down on support.
... as the Metals drift lower.
... a profit taking opportunity?
early days, but are we setting up?
...and what channel indicates for the Dollar
...as the Euro tries to hold on
...as we hit support.
as the market stalls out.
...as the rally resumes
...as the downtrend is cleared