Actually 846-850. That was the price that was resistance for gold from the previous high in 1980. When it broke through that earlier in the year it came down and bounced off it a few times, indicating that it had turned into support. Then we fell though it in the big correction over the last month meaning it would prove resistance again and would be a point that gold would have to break through to confirm the resumption of the bull trend. When we break it its all aboard again back up to $1030 in the near future
