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Feb Gold/Testing Resistance *PIC*

Feb Gold is testing price resistance at 1625. "IF" price can clear 1625 it could easily run to 1670 to 1700 in Jan. With DX at a strong resistance pt of 81.50 and showing a loss of momentum and likely to pullback, this scenario is looking better over the last few days. Gold has shown strength during the last part of the DX run up and the recent price low showed a strong postive divergence on the CCI 20 oscillator. Watch for a breakout over 1625 to confirm. Until then resistance is resistance. The 1625 price resistance is also the 200ema and 20ema resistance as well so clearing it would be signficant and suggest a run much higher.