| Gold - Resumption of Multiple Time Frame Uptrend Posted: 31 Mar 2011 08:52 AM PDT  Price action on Gold (a daily chart of which is shown) as of Thursday (3/31/2011) has resumed its bullish trend that is currently prevailing on a short-term, medium-term, as well as long-term timeframe. After reaching a new all-time high just above 1447 one week ago and then pulling back to a bullish support trendline extending back to the significant late January 1308 low, price action has just surged to the upside. For more technical analysis on gold, please click here for Thursday’s (3/31/2011) Chart of the Day.
James Chen, CTA, CMT * For information on my DVD set, High-Probability Trend Following in the Forex Market, please click here.
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* For information on my new book, Essentials of Technical Analysis for Financial Markets (Wiley), please click here. 
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