The numbers are the numbers. We need a closing ABOVE 1763 today and then ABOVE 1755 on Tuesday January 31st. Will this signal a bull market that never ends? Of course not! It will then signal gold will either make (1) a slightly higher high but remain within the channel increasing the threat of volatility to the point everyone’s nose will bleed, or (2) it will bounce off of the next area of Weekly Bullish Reversals standing at 1925. However, a closing BELOW 1709 today will scrape the icing off the cake and a close BELOW 1680 would warn look out next week. The Forecast Array we published showing volatility rising next week. The Directional Change on the 23rd was correct. That is where gold broke-out to the upside.
http://www.martinarmstrong.org/files/Inflation%20v%20Deflation%2001-27-2012.pdf
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