Breakout imminent

Metals are consolidating near the highs of their recent ranges, especially gold. Platinum took a hit in the mass exodus from platinum and palladium after the Eskom strike didn’t materialize.  However palladium is over 700 and platinum is 1120. The weakness in platinum and silver could be a reflection of weak economic conditions, but these metals will benefit in any surge in gold. Palladium has the strongest fundamentals and should work higher too. Rhodium, a major dog, overdue for an up move, waiting for the end of stale long liquidation and the entry of the momentum investors who only buy after the price doubles, or hopefully sooner. Higher lows and a pennant compression formation point to an imminent breakout. Cup and handle still intact. The end of gold suppression is near. Remember greed builds, fear erupts. Buckle up!