***$GOLD in Euro-Land, watch this close, the 50 day SMA has overtaken the 200 day SMA to the upside off of the recent Euro weakness... 340 going could be an early sign of a break-out (right where it closed Wednesday), an ultimate breakout would come should 350 get obliterated to the upside... $GOLD will eventually gain independence from the paper & fiat Euro, it's not a question of if, but when?
The following 3-year chart shows how $GOLD in Euro's has been stuck from 300-350 in a range over this period...