Joe6pax...
Assuming we hold current gains above $320, 323-325 is the next resistance, followed by 327-330, which is strong resistance at the old highs. I continue to be impressed with gold here, but it probably will need a bit of consolidation at the higher ranges before attempting a breakout to new highs. If it were to break out relatively quickly though, it could scorch some folks and make a big move with short covering and folks that are afraid of missing the move piling on.
mlsoft
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