View: 2014-01-03-Gold Trend Line Update.png

Gold approached the long-term trend line shared previously. This was the first approach from below. It took quite a while for it to break through this to the downside and hold. Today it began the dance with it from below. It finished just below the line. We'll see whether it has similar problems with it on the upside as it did on the downside. If it can take it out and hold, next up would be 1250 and 1262.