TradingView
wellman
Feb 6, 2015 5:30 PM

Gold looking for support  

COMEX:GC1!1D
Gold FuturesCOMEX

Description

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The 50 day simple moving average combined with the .618 retrace held as support...for now. Gold could bounce from here but if not 1200 would be a good entry point.
NUGTJDSTDUSTJNUG
Comments
SenthilKumar
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good view, looking at the way its resting below 1234 without anysign of bounce i believe 1200 is the best bet..
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