GOLD, finally showing some strength!
Gold buyers are finally woke up and showed interest in precious metal today. From low of the day at 1183, gold reached 1203.44 high today for now, brake true the daily MA100 at 1200. This level is previous resistance from June 01., daily MA200 is placed at 1207, down trend line at 1211. Is this enough for one day or gold bulls would like some more to take? It’s not easy to pass true this level now. On the way back, 1198>1194 is first support, 1190 second, the stronger one. It’s nice to see $20 gain here. It seems that the buyers are finally realized, that the FED will not hike in 2015.!?
Forex Trader 