Anxiety over the future of the Eurozone caused equities and the euro to tumble yesterday in the first real trading day of 2015.  Greek opposition to austerity measures that may lead to the eventual departure of the country from the Eurozone spurred heavy institutional selling of the euro.  The beleaguered currency was further hit by figures showing slowed Q4 growth for euro-area services and manufacturing.   The combination of investor concern over Europe and US equities falling over 1% has allowed gold to move $30 higher over the past two trading days to a three week high.  Gold has broken through its 100 day moving average at $1,215.25 and it is now trying to break cleanly through a seven point trendline (dating back to October of 2012) with current resistance at $1,220.  Silver is performing even better than gold and is up over 5.25% so far in 2015.  With gold looking like it may have hit its near term target though, it seems that silver will be hard pressed to immediately extend gains.  Resistance will be firmly entrenched at $17 while bids should now materialize at the psychological level of $16.