Gold forecast for the week of July 14, 2014, Technical Analysis » Fx …

Gold forecast for the week of July 14, 2014, Technical Analysis » Fx …

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The gold markets rose during the course of the week, but remain below the $1350 level, an area that has been a bit resistive. However, we feel that this market is heading towards the $1400 level, an area that is even more resistant. However, getting above the $1400 level would send this market to the $1500 level, and ultimately $1800 level. We are bullish of the gold markets in general, so we are looking for any excuse to go long. On a break above $1350, we are ready to start buying.

 

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Gold forecast for the week of July 14, 2014, Technical Analysis » Fx …

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