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It is going up ever since the year started. Nothing to do with markets
Gold made a high of $1,260 due to the events in Brussels. Consolidating at $1,255.
Looks like gold have made a temporary top.
Gold will continue falling, I think. It will soon test 1200.
I agree, it will probably reach that support level after the holidays. The question is whether it will break below it.
Gold will continue falling, I think. It will soon test 1200.
I agree, psychological support level can be found at 1200.
Gold found some support at 1207, but I too think it will eventually reach 1200.
$1,243 immediate resistance.
Gold has lost its momentum, right now the 1257 is the closest resistance. To the downside, the 1200 level could be support.
It bounced off 1208 again, but it may still reach 1200 eventually.