Gold price extended its correction by 10-15$ last week and closed at 1168$ by making low of 1156$ , It did not moved anywhere last week except some mild movements in prices near major US data , now all eyes on Greece Referendum , Main is market reaction after this event and then only picture would be clear about gold trend this week , Gold technical levels are following
If gold price click our weekly technical support of 1138$ and close below this major base then expect a correction upto 1108$ – 1080$ and even more
If gold break our weekly resistance of 1208$ and close above this major hurdle then expect race upto 1248$ – 1288$ in short term for gold prices
This week gold prediction’s conclusion : Technically gold looking weak but major trend decider would be Greece so keep an eye on daily gold forecast and tweets for more update in live market
More will update in daily gold levels