Gold Update

just hit 1360- that's heavy selling- seem climatic but who knows sine a lot of the move is Euro based.  Resistance is still that 1460 area mentioned months ago and 1305 looks like a intermediate target on the downside

Gold

Gold last bagholders are running. I thank one of my buddies months ago telling me not to get tricked into Gold because all the big guys are getting out. That one was dead on as we could not get above that last important 1640 level on the last push.
Watch for longer term support @1245 is 1400 can't hold medium term