RE: Gold against resistancePOG cannot seem to break higher through that 1145 mark and that will add to the downturn on all gold stocks for the short term. USD is holding up here and the major indexes are showing weakness. Along with the gold weakness you also have weakness in oil and gas. In addition tax loss selling is on the minds of many which will also add to some downside. Pulling my horns in, mostly in cash right now.
Don't like how the overall market is looking, but that is just my viewpoint.