Yesterday’s green gap withstood the selling pressure. Today, the bears replied with a red gap. Who will win this battle? Let’s take a closer look at the charts below. {chart} The first thing that catches the eye on the above chart is a red gap ($2,431.35-$2,438.50) created earlier today, which encouraged the sellers to act. Thanks to their action, gold futures tested two nearest important supports about which you could read in yesterday’s Quick Gold Alert: the green gap ($2,417.40-$2,423.15) and the upper border of the upper border of the purple rising trend channel. Despite this decline, both supports withstood the ... (full story)