Breakout at 1277 - 11/07 Throwback to 1276 - 11/07 Resistance at 1279 - 11/07 Rally past 1281 confirms breakout to measured move - 11/07 Resistance at 1282 -11/07 Rally past 1282 confirms move to 1284 & completion of measurede move - 11/07
Gold volume was low on breakout. May be a false move. Due to the president's trip to Korea, caution is a must. Any move by North Korea may cause gold to have a major rally which will test the 1300 resistance zone..