Gold forecast for the week of June 23, 2014, Technical Analysis » Fx …
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The gold markets initially dipped during the week, but the $1250 level provided enough support to keep the market somewhat afloat, thereby pushing it back above the $1300 level. If we can get to the $1400 level, we then have an inverse head and shoulders, signifying that we should head to the $1600 level where there is a convenient cluster placed. We do ultimately believe that the gold markets go higher, so therefore on a break of the highs from this past week, we would go ahead and start buying
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Gold forecast for the week of June 23, 2014, Technical Analysis » Fx …
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