We were young and restless
We needed to unwind
I guess nothing can last forever
--Bryan Adams
While catching up on some chart gazing, the gold chart stood out right away. Multiple reverse head and shoulder patterns are evident, as demand seems to be absorbing any price weakness.
Had an order in Fri after the morning sell off but price never came in. Will be looking to add to my position early in the week.
position in GLD
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
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Whatever we may think of gold, it always looms in the background, beckoning to be used as money, as it has been since the dawn of civilization.
~Hans Sennholz, March 2003
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