Shorting Near 4376: The Next Big Move?GOLD (US$/OZ)TVC:GOLDybjjtsThe long positions placed around 4322 during the daytime session dipped to a low of 4324, largely in line with my predicted pattern of an initial rise followed by a decline. In the short term, the upside resistance remains in the 4376-4383 range, but reaching this level may be a long wait, or even impossible. June 15th Gold Outlook: The long positions at the lower levels have successfully taken profit. The next key area to watch is the 4376-4383 range for potential short positions, with a stop-loss at 4396 and a target of 4340-4330.