Gold breakout postponed?

We have come to see that charting gold became nearly useless in predicting the moves in the gold market. The formation that is known as a "cup and handle" led some to conclude that maybe the long term charting was devoid of interference by the usual suspects. According to that pattern, we should be heading up to $1400/oz. What happened Thursday was a carpet bombing of all precious metals including gold, silver, palladium and rhodium. So, the cup and handle pattern turned into a wedge that can break up or down. The gold breakout is postponed. How long can the FED keep this up?