i agree ...i have two scenarios on Gold...depending on how it moves...if gold just moves sideways then a big move to 1411 is possible...but if it rises quickly now then about 1385-1390
@Cruddest, if price moves quickly enough then resistance holds then the scenario which you mentioned of 1370 range unfolds....if that happens I would get out by 1362....however if price consolidates now around 1340....then this resistance no longer holds and becomes a point for break out and likely to see spikes......look at Gbp/Jpy .....this shows how resistance which was valid then became a point for breakout .....similar scenario if it unfolds on Gold will lead to 1411 range