{video} Gold remains in a tight consolidation pattern as it has for the past nine days. The high of the range is at 2,364 (C), also a weekly high, and the low is 2,315. On Wednesday gold advanced to a three-day high of 2,357, once again testing resistance at the 20-Day MA. At the time of this writing gold is on track to close at its highest daily closing price in six days. An advance above 2,360 will provide an earlier bullish signal than a rise above 2,364. {chart} 50-Day Moving Average Trend Support: The 50-Day MA has been representing an area of support over the past week. If this week’s low of 2,315 fails to ... (full story)