Gold -> Closes at new high Sept 21, 2010

World Gold Index at a new high of $1279.30

All of the technicals remain the same with one addition, the 50dma has crossed over the 100 dma. Another positive for the technical analysis crowd. The chart is in a typical bull patter with all of the moving averages in line from top to bottom: 15, 50 and 100.  A new closing high was hit today at $1279.30, only $20.70 away from the $1300 level. Once hit, the news and financial stations will be reporting as the latest breaking news!