Gold has bettered its red 200-day MA and is challenging resistance at 1700. That is where the blue 50-day moving average stands at 1696.02. RSI and MACD both have turned up and are bullish, as are volume implications.
And now, an important release from Jim Sinclair. This is for those of you who want to know WHY gold will rise, WHEN it will rise and how LOW the dollar will go:
The Entrance To The Second Phase Of The Gold Market Ascendancy – jsmineset.com