Gold did retrace back to the $1,140 level range in overnight trading. That was as close to the 200 DMA line ($1,130) the longs were going to allow the shorts to push, before the longs took gold price higher in today's trading.

I wonder how many short sellers were slaughtered in this reversal trend?? as gold begins its march back up the chart. Tried to shed a few tears for short seller mburns but my tear reservoirs were bone dry... hehehe

GRIM