Robert Griffiths on CNBC, 'Not owning gold is a form of instanity'

 

Gold had a small upside day today after 5 straight down days in a row.  Expect the trading range to continue until it breaks the $1400 area and uses it for support, not resistance. The last high was made on Dec 7th and once this is taken out, a move to the $1500 area should be the next consolidation zone.