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KQMarkets

Gold - Neutral Still Awaiting Significant Price Action

CFDs on Gold (US$ / OZ) (TVC:GOLD)  
KQMarkets  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Support and Resistance Fibonacci Beyond Technical Analysis Gold neutral
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supportandresistance fibonacci beyondta gold neutral
We are still awaiting significant price action in the Gold market before we feel we would be able to better establish future price action with greater conviction. Below the psychological $1500 level we see prices moving towards the support level at around $1480 but on the upside we feel prices would have to breach resistance at $1536 to confirm the upward momentum.
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