2:10PM PDST GOLD FINDS SUPPORT NEAR THE YELLOW AND BLUE TREND CHANNELS AND IS TURNING UP JUST BEFORE THE AFTERNOON GOLD CLOSE

NOTICE THE SMALL WHITE  UPTREND LINE STARTING AT 1349.1. IT COULD EITHER BE THE START OF A BOTTOM OR COULD TURN INTO A RED UPFLAG THAT SHOULD RESOLVE LOWER. TOMORROW'S ELECTION AND THE FOMC REPORT WILL HAVE MUCH INFLUENCE ON THE MARKETS WHICH IS NOT POSSIBLE TO DEDUCE RIGHT NOW, BUT ANYTHING THAT THE FOMC REPORT SAYS SHOULD ULTIMATELY BE POSITIVE FOR GOLD, ALTHOUGH THE MARKET MAY INITIALLY PUSH GOLD DOWN WHERE THE BARGAIN HUNTERS WILL PILE IN. THE YELLOW UPTREND CHANNEL IS STILL IN CONTROL AND THE BLUE DOWNTREND CHANNEL/FLAG RESOLVES UP AND FURTHER SUPPORTS A HIGHER GOLD PRICE