Geez SKOL why would JPM be facing a lawsuit they do nothing wrong ???do they
Next up for JPMorgan: A fight with the CFTC
JPMorgan spent nearly a billion dollars settling charges related to the so-called London Whale debacle, but that doesn't mean it's out of the woods yet.
A threatened lawsuit from the Commodities Futures Trading Commission could portend a drawn-out legal battle—or another expensive settlement.
http://www.cnbc.com/id/101051584
I never stated Breakout but broken downtrend in my post you quoted
[QUOTE=Skol;428845]JB,
6 month gold? You may as well front up with a chart for 6 week gold, how about 1 year?
There's no breakout here, it's all downhill, poverty approaches for overexposed goldbugs.
Geez your a knob >>> ^1yr , 6month , 6 week who cares simple T/A the down trend was stopped,,,, broken,,, finished ON THE DOUBLE BOTTOM !! july 1200 !! now this doesn't mean Gold is going to 2000 next week or GOLD couldn't fall further.... just the year long DOWNTREND WAS BROKEN ....where we go is anyone's guess it could well trade sideways without strong direction trading 1300-1400 etc
Or make a new break one direction for Gold HATERS like yourself your be cheerleading a strong move south past the recent double 1200 bottom which would put the long term bear trend back on track ....or for the believers in sanity in this mass money creating madness that GOLD will put check on the Trillions of new freely created $$$$$$ like it has done all through history time n time again...and break the 1420's towards 1500-1600+