The Line Every Gold Trader Is Watching

I'm not a gold trader--other than buying the dips.  I'm an accumulator of physical bullion.  But for those with a bent for trading, gold just blew through its 100-day moving average, which indicates a bullish break out above major resistance.  The train may have left the station for those waiting for a correction.

For those who never purchased precious metals, good luck to you.  You're going to need it when the dollar loses its reserve currency status.

http://www.zerohedge.com/news/2013-08-22/line-every-gold-trader-watching