The $1300 level has been reinforced as a level of significance in the last week with gold falling sharply from its highs above $1345 back down to this level where it has been met with overwhelming demand. This has seen gold rally higher and now consolidate just above the $1310 level. During the second half of June, gold steadily moved higher but showed numerous incidents of indecision with its multiple doji candlestick patterns on the daily chart. This happened around $1320 and $1330. Several weeks ago now gold enjoyed a stunning surge higher to break through some key levels along its way to reaching a then two month ... (full story)