6:56AM PDST ONE LAST SCAREY PULSE DOWN AND IT'S OVER...BACK UP FOR NOW

I have re-drawn all the trendlines to accomodate the new lows just made A larger picture chart is coming soon. The bottom in gold is here now...IMO! I am now long again, having once again lifted the short leg of my DEC/OCT hedge Very scarey on that last down move, but it only wanted to go down and test the bottom RED trend line.. Gold never gives up until it has tested EVERYTHING, driven you completely NUTS!, before it will move where it's supposed to DUE TO FUNDAMENTALS..! Right now it is working the bottom, as the shorts seem to be getting tired of pounding gold against some eager buyers, more of whom should be jumping in soon, but once again, if gold doesn't move up smartly off these lows, the shorts will jump on it again and drive it lower as all the recent longs will panic and sell out! UP VOLUME IS MORE TEPID than I would wish and for too long here! But at least gold is inching higher, but not by much!