Gold bounced becuase the support of the channel and / or end of 2008 low. See brown line.However currently we are on resistance around $850 - last year high, but also April/May low.
An update of gold mania barometer:
Back when gold was ~$ 1000 , Kitco traffic measured by Alexa went to 0.075. Later when gold fell to $770 area Alexa show 0.045. Currently traffic climbs back, and currently is 0.07.(See previous "Gold mania barometer" posts to understand what is it)
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