As gold is sitting here on a major support area and price has done basically nothing for the past 3 days, seems to be a move coming to the upside in GOLD.. currently sitting at 1190.42 right below short term MA, and all moving averages withing reach ie 4,8,20,50,200 a spike here in gold can potentially start a huge rally. I see 1230 in the coming weeks. set up is negated if gold breaks below 1176. Also a player came in this week and made a $2.5 million bet on GLD in the options market. does big money know something??
