 Kitco News - The Commerzbank FICC technical team are looking for a move higher in gold and have also noted the recent trendline break. Karen Jones and Axel Rudolph say Gold has is eroded the 200-day ma, the 55-week ma and the 2020-2021 trendline. We target the 195965 November 2020 high and the 2021 high. This guards the 18778.6 retracement and the 2072 2020 peak. Longer-term we believe that this will also be overcome.. 