Gold 607 - Overnight View

Gold continues higher this evening (it's 9:20 pm Alaska time and 1:20 am in New York. Looking at thist chart notice the horizontal line (current price) is testing the horizontal support/resistance area. We have also crossed the 50 unit moving average heading for the upper bollenger band. In shorter timeframes the price is very sensitive to the BBand. For traders this can be very useful.