That is one upside day for Gold, just $24.93... as the debt worries in Europe and the Euro declines. Gold has now made a solid move higher that sets the trend of higher highs and higher lows. It is a few dollars away from producing an all time high and may move to the top channel line within a week or two. ($1450+)
The MACD Histogram is on the move up and Gold should see higher prices over the next week or two. An X-mas gift from Bernanke.... Stay long!