Gold is finding considerable overhead resistance getting back up over the RL's seen in the 15 min chart and beyond that lies the RL from earlier this week that caused the fall. I have already been stopped out on a short pos at 1374.30 using the thin grey CL (which also seems to offer resistance)as a retouch but still have no doubt this market looks weak and would look for a break of the .382 RT area (1373.50) and the warning line of the reaction grid at about 1372.00 as an sign of coming weakness. If it breaks up i might look to sell it on the reaction line which lies at 1400.00 as of today.
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