What Is the Uptrend in Gold?

The price of gold in the coming week or two decisively remains below 1,800. If for whatever reason the bulls are able to muster up some positive price action north of 1,800 and hold it, that would probably be the first bullish development we've seen in the last six months. And finally I wanted to just touch on here on page 11. Just quickly look at the gold chart. What we can identify very similar to what you suggested in the market wrap at the beginning is that the downtrend in gold has been very pronounced"