Posted this on PRU the other day -- Gold still holding at the...

Posted this on PRU the other day -- Gold still holding at the resistance line.

< Apologies for the non-log scale on the chart (can't get prorealtime running) -- gold within short term uptrend channel and has butted up against resistance on long term downtrend channel as well. Would think the two resistance lines would be somewhat bearish though a break out above the longer term resistance would see this move up to 1340. If it conforms within the shorter uptrend channel then back to 1240.