gold price weekly analysis starting from 20-02-2012

gold-price weekly analysis 20th feb 2012

gold-price weekly analysis 20th feb 2012

Gold has closed below 1726$

a good sign for bears but last week gold was very range bound now gold has a good resistance at 1756$ if gold sustain and close above this level than we can see gold firing till 1770-1790$ and more

a good support again in gold prices at 1690$ if gold sustain below this level and close below this level than gold price can tank till 1670-1650 and even more.

Keep an eye on daily levels for more

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