A little exhuberance is warranted surely but remember, gold movement is not a one way street. Gold penetrated 330 a little while ago only to be beaten back. Do not be surprised if there is a retracement below 330. What really matters is that gold is still well within its uptrend and all technical parameters look good. I accept that 330 represents a significant resistance level but POG needs to convincingly remain above this level to confirm the move. AnnaP
