Brown line is the massive triangle from daily chart. It is clearly broken now. We even had small test today. Now, the price is stopped at what could be a resistance just before $1000 mark - the resistance is from daily chart.
Now we may *hope* that gold will test the triangle again, so we may buy a speculative possiton.
For those who have no any gold possitions, I recommend they to something about it.
Disclosure: No speculative possition. Sold very small MFN possition today @ 9.70. Looking to buy it back next days @ 9.00 or even at 8.50.
P.S. Daily chart can be seen here:
http://nmmmnu.blogspot.com/2009/09/gold-1d-and-4h.html
2009-09-03
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