Gold price back above its 200 daily moving average

More dramatic for gold held in Yen than US Dollars?

Unable to link interactive charts, but look at gold in US$ and Yen:

www.24hgold.com/english/gold_silver_pric...arts.aspx?money=Yen#

Gold price back above its 200 daily moving average as six channel remains intact

It would seem at least some in the gold market have done the rudimentary maths about Japanese pension funds switching some assets into gold, it can only mean a dramatically higher gold price.
Gold has now managed to get back above its 200 day moving average around the $1661 level.

www.goldmadesimplenews.com/gold/gold-pri...remains-intact-9338/