Gold Chart 22 october 2007

Notice the divergence on MACD and RSI (yellow trendlines, higher highs on price but lower highs on indicators)

If / when light blue trendline is broken, we'll see a retracement, or at least a sideways move. Can't see much more upside in gold at the moment.

Gold chart 21st July

 

Gold Chart 9th June

 

Gold chart - 6th April