Check the Gold Channel. I just started looking at this tonight. It looks tasty, but won't place trades until watching for a while longer.And posted this chart: then further down, look what happened,
An important break, support at the PRS177...and then a sharp rally and sharp slap down by the main PRS 100 (or zero if you prefer) channel line. This is extremely bearish for Gold. This is one of my systems, this must be bet. Too bad I missed Thursday, but since it was first channel line I drew on Gold, I had to refrain from doing anything.
