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Now gold tests the other end of the outlined range

Earlier this morning, as the USD/JPY lifted to session highs and approached 150.75, Gold fell back. That fall saw it slip slightly below the noted bottom end of the perceived range. The fall below $2,040 did not extend very far though, with $2,039.13 capping that. The rebound that has unfolded right now has seen Gold just this minute rise above $,2050. Hence it has now tested the other side of the potential range noted here earlier. It might extend further, it if can get above the highs seen yesterday, at $2,050.75. Gold is currently trying to to that right now, trading at $2,050.80 

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