GOLD, break true the strong resistance!

mario urlic forex gold 11.02.

After the gold buyers have reached weekly MA100 and strong resistance at 1195/1200 on February 08., four days latter they have manage to break true the same and reached 1205 at first > 1210 latter during the Asian sesion, after which thay have build the new support at 1205 and continue to push higher in the European sesion, all the way to the next resistance at 1218/20. What they realy want to reach is the next target at 1230/35, but this is already a big step for them, after wich they can build a strong support at 1195/1200 level. Sure, they should close this week above that level first!

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