If gold rises over $960/oz, I will be too scared to hold my short on gold. The move out of here should be extremely big. Could be another fake, but can't afford to stick with it if it isn't. I would think a deflationary wave is going to knock gold, but maybe not. The $USD looks like it could find support in the upper 77's.
Gold trade has me thinking. It's in a stalemate here. It's going to get hectic soon. It could fake one way, then the other. For that reason, I am going to exit that trade before close. If it is as big a move as I expect, there will be a better, more confirmed time to enter this trade.