Simply stated, if this week closes above 1416, there is a high likelihood of a 75 to 175 move higher in gold over the next 2 months. Although if the indicator hits, we'd expect the move to happen in a more compressed time. The signal does not usually waste time letting you know if it is right or wrong.
FULL STORY AND CHARTS:
http://www.fmxconnect.com/fmxmetalsconnect/post/2011/02/24/TrendVol-Alert-Gold-to-Reach-1550-within-8-weeks.aspx