Here is an hourly chart of pit trading in April gold futures.
The apparent breakout above 1000 in silver made me think that gold might have more on the upside too, but today's high volume break instead makes the 571 high stand out as the first important lower top since the February 2 top at 579.50. After a lower top the market generally will make a lower low so I think it is now headed down to 512 and evenutually lower than that.
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