Relief Rally: Gold price has been falling since late August from 1433.52 and recently bounced off 1276.12 to start October. Since then there’s been a relief rally back to a high of 1329 this week. This pullback is now at a critical point. Breakout: A break above 1330 should clear the falling speedline, and probably bring the RSI above 60. If the RSI pushes to 70, that reflects bullish momentum, and suggests the rally is not just a relief rally, but opens up a bullish outlook that brings 1375 in sight as the next resistance pivot. Breakdown: If however, the market fails to break 1330, or does and comes back down ... (full story)