Forex Trader

1170/80 was solid support for several times at gold, but it looks like that gold buyers are retreated to lower levels!? If this support breaks, 1132/42 could be serious test for gold, the previous support from November 2014. and March 2015. If sellers reached that target, it will be the third attempt to breakthrough. In that case, the gold could strongly bounce up, or even more to sink bellow to the support levels from 2009./2010. 1132/42 is very important level for furder developments here, watch it carefuly.