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4 Aug 2014
Gold currently bearish
FXStreet (Łódź) - Independent Analyst Vladimir Mihaylov suggests that gold's new resistance at 1292 will keep it from rising above 1300.
Key quotes
"Once above 1300 another resistance will come at 1306-1310."
"Only above it the upside will be restored and you may enter long for 1331 and 1346."
"Below 1285 gold may lose ground completely."
Key quotes
"Once above 1300 another resistance will come at 1306-1310."
"Only above it the upside will be restored and you may enter long for 1331 and 1346."
"Below 1285 gold may lose ground completely."