Hi all,
There was some concern that spot gold may stumble before reaching 320, thus re-confirming the short-term (daily) downtrend that commenced Sept 9. However, as I write, gold has traded as high as 321.10. In the medium-term (weekly) spot gold needs to break 324.30 to continue its uptrend. And on a longer-term basis (monthly), it needs to follow through 331.
GK
