US COMEX GOLD
Charts updated for - 12th January 2015 to 16th January 2015.
- US Gold currently facing strong 50% fibonacci retracement resistance in weekly charts, this indicates gold will find some price rise once it closes and holds above 1238.
- Technical chart also indicates that gold is facing 20 WMA, as long as trades below 20 DMA bears will be favored, gold will be favored by bulls once it closes and holds above 20 WMA.
- According to chart no3, Gold is now moving up from strong golden ratio support zone @ 1170. Bulls will be favored as long as stock trading above 1170.
- Visit this page daily for free forecast on Comex Gold.
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