GOLD TECHNICALS AND CHARTS 19 MARCH 2010 FROM CHIEFSWORLD

I am becoming a bit concerned about the rally stalling at 1130 as we STILL need to overcome the most important resistance for both gold and silver short term.  Silver has churned for a week now and it MUST breakout higher soon or it will be a warning that the rally could still terminate.  Because of the mid month inversion we still need to be on watch for a potential end of month LOW. I am not projecting it.........BUT let's keep in in the back of our minds.   For now we'll stay with the rally as long as we hold the 1110-1115 area.......realizing that gold and SILVER are in the price area that is most important to the short term....and gold must overcome 1136 and then 1147  and 17.75 in Silver.  Any failure of the 1110-1115 area would put the short term rally on the ropes.since its trading now below 1110 , it looks like we are moving down to 1088 area again soonDISCLAIMERThe opinion expressed in these reports are the conclusions of the author. The information provided was researched carefully, but we cannot guarantee its total accuracy. The report is published for general information and does not address or have purpose or regard to advise specific investments to anyone in the general public. Rather it provides an individual’s perspective of such markets. Its content does not recommend any specific investment advice to anyone nor should there be any inferred. http://bit.ly/bAAonw