Gold breaks out

 It is now clear that gold bottomed out of its 10 month losing streak on June 28 with a low opening price of 1203.25.   The last 5 prices are:

2013-07-22 1313.75
2013-07-23 1326.75
2013-07-24 1340.00
2013-07-25 1312.00
2013-07-26 1327.75

It needs to break above the ceiling at 1378 (low on 4/16), but it will probably do this in the next month.