Gold Cup and Handle Bullish formation indicates potential short squeeze. GDL, AUY, ABX, GDX, BVG.v, RMK.v
By: Sufiy.
Posted on December 14, 2008 at 12:43 PM EST

Gold Cup and Handle Bullish formation indicates potential short squeeze. With VIX Fear index going down all 8.5 trillion commitments made by FED and Treasury are weighting heavily on US Dollar, once gravity brings waterfall back Gold will fly indicating Victory of general Bernanke on Dark Force of Deflation and US Dollar - not by accident, but as an instrument of last resort.
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