Gold Prices Forecast February 13, 2014, Technical Analysis » Fx …

Gold Prices Forecast February 13, 2014, Technical Analysis » Fx …

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Gold markets went back and forth during the session on Wednesday, but found enough resistance of the $1300 level to pull back and form a relatively neutral candle. This being the case, the market looks like it’s a “buy on the dips” type of market, as the $1280 level should be supportive now. We believe that a break above the $1300 level since this market looking for the $1340 level, and then much higher levels. As far as selling is concerned, we have no interest in doing so as we see so much in the way of support all the way down to $1200.

 

Gold Prices Forecast February 13, 2014, Technical Analysis

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Gold Prices Forecast February 13, 2014, Technical Analysis » Fx …

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