Gold inched higher in light trading on the holiday session today. The precious metal broke through the key $1,200/ounce point. Gold has now seen an almost 10% bounce off the lows of just one month ago. After studying the stock chart, it appears the run may be coming to a near-term end. There is significant resistance at $1,215.00 to $1,225.00. This will likely be the maximum upside level in the near-term, prior to a pull back to $1,170.00. Pro investors, including myself are starting to scope out gold miners for a short trade. A few names the top traders are watching; Barrick Gold (ABX) at $19.00, Newmont Mining (NEM) at $38.00 or nail the whole sector via the gold miner ETF (GDX) at $25.20.View my trades and Verified performance now right here. Simply join Verified Investing for free and anytime I buy a stock/ETF, you will get an email. You can then opt-into the trade getting my exact entry price, target and stop. Those who take my trades, only reward me (a Verified Trader) with a few Dollars IF they get big winning trade information.