However, a three-week-old uptrend line is in place on the daily bar chart and gold bulls still have the overall near-term technical advantage.
Technically, February gold futures saw a three-month-old downtrend on the daily bar chart negated Thursday as prices hit a fresh four-week high.
Technically, June gold futures are in a two-month-old downtrend on the daily bar chart.
Now, gold prices are in a four-week-old downtrend on the daily bar chart.
FORBES: Comex Gold Ends Sharply Lower as Fresh Near-Term Technical Damage Inflicted
Gold prices are in a seven-month-old downtrend on the daily bar chart and the bears have the overall technical advantage.
However, gold prices remain in a seven-month-old downtrend on the daily bar chart and the bears still have the overall technical advantage.
Gold prices are in a six-month-old downtrend on the daily bar chart.
FORBES: P.M. Kitco Metals Roundup: Gold, Silver Slammed to 2-Year Lows on Panic Selling
Gold prices are in a seven-month-old downtrend on the daily bar chart.
Gold prices are in a seven-week-old downtrend on the daily bar chart.
Gold prices are in a six-week-old downtrend on the daily bar chart.
Gold are still in a six-week-old downtrend on the daily bar chart.
FORBES: A.M. Kitco Metals Roundup: Gold Sees Fresh Safe-Haven Demand on EU Worries; Bernanke on Deck
Gold is still in a six-week-old downtrend on the daily bar chart.
FORBES: A.M. Kitco Metals Roundup: Corrective Pullback for Gold after Solid Gains on Tuesday
Gold prices are in a two-month-old uptrend on the daily bar chart.
FORBES: Comex Gold Ends Slightly Lower on Profit Taking, Position Evening as FOMC Looms
The nonpareil of charming hypocrisy, though, would be the French police chief in Casablanca, Captain Renault - Claude Rains' fox with a heart of gold - who is forced by the Germans to close Rick's bar and casino, announcing: "I'm shocked, shocked to find that gambling is going on in here!"
Technically, February Comex gold futures prices are in a four-week-old uptrend on the daily bar chart.
FORBES: Comex Gold At 6-Week High Amid "Risk On" Trading Day Monday
Technically, February Comex gold futures prices are in a three-week-old uptrend on the daily bar chart.
FORBES: A.M. Kitco Metals Roundup: Comex Gold Firmer, At 5-Week High, Amid Bullish "Outside Markets"
Technically, April gold futures prices are in a six-week-old downtrend on the daily bar chart.
FORBES: A.M. Kitco Metals Roundup: Gold Sees Upside Bounce on Short Covering, Bargain Hunting
Technically, June gold futures see a seven-week-old downtrend in place on the daily bar chart.
Technically, February gold futures see an 11-week-old downtrend in place on the daily bar chart.
FORBES: A.M. Kitco Metals Roundup: Gold Weaker in Lackluster Holiday Trading
Gold prices are still in a six-month-old downtrend on the daily bar chart.
Gold prices are still in a seven-month-old downtrend on the daily bar chart.
FORBES: A.M. Kitco Metals Roundup: Gold Firmer On Technical Buying, Continued Good Physical Demand
Gold prices are still in a six-week-old downtrend on the daily bar chart.
FORBES: P.M. Kitco Metals Roundup: Gold Sees Modest Uptick Following Fed's Beige Book
Gold prices are now in a four-week-old downtrend on the daily bar chart.
Gold prices are still in a two-month-old uptrend on the daily bar chart.
FORBES: Gold Firmer amid Consolidation; Key Events This Week Awaited
Gold prices are in an accelerating five-week-old downtrend on the daily bar chart.
FORBES: A.M. Kitco Metals Roundup: Gold Near Unchanged as Bulls Try to Stabilize Market
Gold prices are in an accelerating four-week-old downtrend on the daily bar chart.
Gold prices are still in a seven-month-old downtrend on the daily bar chart and the bears still have the overall technical advantage.
However, gold prices are still in a seven-month-old downtrend on the daily bar chart and the bears have the overall technical advantage.
The bears have the near-term technical advantage in gold and are now working on re-establishing a downtrend line on the daily bar chart.
FORBES: P.M. Kitco Metals Roundup: Comex Gold Tumbles Late On Bearishly Construed FOMC Minutes
No chart damage has occurred recently, but the bulls are still a bit worried about the specter of a bearish double-top reversal pattern forming on the daily bar chart, if gold prices show more losses this week.
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