The potential resistance at $4481.78 is interesting because it represents 20% down from the all-time high. Some chart-watchers consider this to be the price level that started the bear market. If traders decide to aggressively take offers, the market has room to run to 50% resistance at $4416.82, followed by $4481.78, the new main top at $4493.83 and the 200-day moving average at $4503.19. Gold has the better rate backdrop heading into the weekend. The payrolls miss started the shift. CPI did not reverse it ...