Spot Gold (XAUUSD) is edging higher on Monday. The move confirms the new minor bottom at $4311.04. Resistance today is an intermediate 50% level at $4416.82. This is followed by a swing top at $4449.83, $4481.78 and the 200-day moving average at $4505.32.The main trend is up. The bulls are looking to take out $4449.83 to reaffirm the uptrend. Then things could be tricky at the 200-day moving average. This is both resistance and a potential trigger point for an acceleration to the upside. Some traders feel t ...