weekly gold price forecast starting 13th august 2012

Gold close above 1617$ again a confusing closing now gold price has a good resistance at 1645$ if gold manage to close above this level 2 times then gold may hit till 1670-1690$

A good support in gold price now at 1560$ watch it … if it close below this level then it may hit hard till 1540-1520$ and if breaks 1520$ then a full bloodbath fresh event in gold price not ruled out

More will update to our gold daily forecast

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