Gold Update

Gold just looking for consolidation right now as crude oil eases.
February gold is down $2.50 to $643.60 a day after hitting a 1 1/2-month high of $648.20.
Technically, nothing has happened so far this morning, with the metal within Tuesday's range.
2-3 Dollar is not that big move.
With crude oil inventories coming out today, its important to watch for it.
Gold had Technical Resistance breakout Yesterday, so its just a consolidation.