Summer is over

Well summer is now over from a meteorological point of view, its not quite time for hibernation as I believe the astrologers wait for the autumn equinox.
The fruits of summer are still to be reaped with my positions in the markets still present.
I am near selling as the gains have been good, my stops are still holding, just.
My updated gold chart indicates that wave 1 has completed and that we now testing support indicated by the solid red line, if this support does not hold there is further support at the 50 day moving average line which previously held in mid January. There is always the danger of a further retracement of even more with a protracted extended wave down to approximately $845 (50% fib line not shown on chart) or below before we see further gains mid year.

On the up side is the suggested lines of support hold and the recent high of $1007 gets taken out.
I am looking forward to a wonderful night of cricket as our team restates itself as number one in the Test world. A wonderful performance from Mitchell Johnson has put us in an unbeatable position.