Taken from another blog...
Gold has pulled back slightly after hitting a new record high this morning of $1,279…as of 8:35 am Pacific, the yellow metal is up $6 an ounce to $1,274…the CDNX continues to surge which shows that Gold has more punch left in it…the CDNX blew past resistance at 1625 and is now threatening to take a run at its 52-week high of 1691…it’s up 16 more points this morning to 1646…this is an extremely powerful move that isn’t showing any signs of slowing down…
TMl26