$30 is a big nominal number that people love so much. The even numbers that end in 0 and 5. That is not me and thats why I prefer the $31.50 area because of math calculations. Also, because many of these levels of resistance have been pierced above (small gain above expected resistance) then I would expect $32.50 to possibly be that key resistance line met at this fibonacci level.
The Range is from $4 and $8 from the lows of the last bear market and the first key resistance level from 2002 and 2004. The difference is $4.00 and that means fibonacci gives us the following information
161.8% - 4x1.618033 + 4 = $10.47
This level was not resistance
261.8% - 4x2.618033 + 4 = $14.47
This was resistance and because 10.47 did not hold, the move from the $10.47 level was fast and furious to $14.47
423.61% - 4x4.2361 + 4 = 20.95
This was the 2008 highs that reached $21.35 and took over two years to take out
685.41% - 4x6.85406 + 4 = $31.42
We are coming very close to this level now
1109.01% - 4x11.0901 + 4 = $48.36
This level will co-inside with the 1980 highs of around $50 per ounce. If this $32 does not hold, then a fairly fast move should occur to this point as a failed move on fibonacci means that the next one is often expected to hit faster.
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