"In the Incarnation the whole human race recovers the dignity of the image of God. Thereafter, any attack, even on the least of men, is an attack on Christ, who took on the form of man, and in his own Person restored the image of God in all. Through our relationship with the Incarnation, we recover our true humanity, and at the same time are delivered from that perverse individualism which is the consequence of sin, and recover our solidarity with all mankind."
Dietrich Bonhoeffer
Gold Daily Chart
The cup and handle formation remains active, and the trend channels appear to be working as gold climbs the wall of worry in the 'handle.'
Gold Daily Chart with 50 DMA
Gold did a quit but precise hit on the 50 Day Moving Average today and then rebounded with a vicious rally higher. This speaks of the strength of the physical market underlying the paper market, and the role that gold played today as a store of wealth in a period of perceived risk.
