I dont know about that prediction Ed...its too much of a micro chart...I don't think you can say if AG closes above the line ( 8.03 ) it will go north or vice versa...this is why I don't pat TOO much attention to technicals personally. I am seeing real gold strength with US dollar strength which is very encouraging and is allowing me to buy at these levels.
Maybe one of these blue lines will stop it.
swing trade today. Bought at 8.22...will sell today no matter what