The gold market has sold off sharply recently to put a price uptrend on the daily bar chart in jeopardy. The bulls need to stop the bleeding soon to keep the price uptrend alive. A drop below trend-line support at $1,775.00 would negate an uptrend line on the daily bar chart. The more important support level for bulls to defend is the last “reaction low” in the price uptrend, which is the November low of $1,758.50. A drop below that price level would negate the near-term price uptrend on the daily bar chart. Stay tuned!