After climbing to 1393, gold now at the upper trend-line. And like what people say, what comes up must come down,or at least to take a break. The key is on 1378 support, if it breaks, the movement probably heads to 1354. After that we can only wait and see what happened next. Personally I think it will break and continue down to 1309
Now if we think that the Iran still refuse the idea of cutting their oil production, I am quite sure that it will go down from now. If break the line, maybe 34 then it will go up.
