meh its not going to be doing anything, sure it may whipsaw around 505, on a extream whipsaw it may get up to 510 max, but the resistance point is clearly obvious and we are near that now at 506.
I laid 2 currency movements that would happen to give futher evidence that there will be a top in gold here and both of them have come true. The evidence for a top in gold stands as follows:
1. Bottoming USD 2. 100% for its base 3. Long term resistance 4. Runaway effect is typical at the end of a long bull market 5. Last 2 years have produced a high in december 6. Time almost sqaure with its base at 254 7. Inflation cycle