Frizz,yet again i agree, i closed a gold short before at 630.20,another hit ouch! and went long at 630.50, when i shorted gold i jumped the gun somewhat as it had not broken its daily trendline(big mistake) but all my other indicators looked bad for gold,looks like the xau will now get back above its recently broken trendline and look bullish again.
Maybe i should not look at any charts for the next 12 months and set an alert for gold at 550(or 1000)...not look at a chart for 12 months? some chance!