re: gold heading under $340.. update Just a quick update on my last post....
Gold held firm above $350 last night and is still looking good technically. I don't see any large selloff in the near term and it should stay above it's 200DMA for the whole week. My next target for the short term (this week) is the 50 DMA currently at $356.
Here is the mother of all gold charts for some that have asked for it in other posts:
http://stockcharts.com/def/servlet/SC.web?c=$gold,uu[w,a]dallynay[df][pb50!b200!f][iUp89,21,55]&pref=G
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