Although, gold is near the low side of the purple
up trend channel lower line.
Most rallies in recent days have been low volume
rallies and quickly sold off.
Even though gold is rising at the moment, it will
probably get taken back down on profit taking at
the least and if the shorts can get some downward
momentum going, they will whack it as hard as they
can. Read Dan Norcini's comments from yesterday
about what the shorts need to, and will, do, as well
as any comment sof Jim Sinclair on the same subject.