Thoughts on Gold

Based on the figures I use, I note that the 20D SMA is now comfortably above the 50D (first time since early Nov 2012). Next thing/s I'll be watching are a break above the recent high (1348.65), a close above the recent high close (1345.20), and a change in direction (upwards) of the 50D SMA (as long as the spot price remains above it).