GOLD gold futures
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Where is the gold price headed?, page-2

  1. UnclePanda
    2,475 Posts.
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    29/01/16
    17:37
    Post #: 16898797
    IMHO, 1033 is the key level. It's the 2008 high and 2011 low. A crack of that, should see a fall to 988 or 848. Take your pick. But, we're going lower. You never know what will happen when everyone throws in the towel.

    ATM, there's ZERO upwards momentum for gold. It couldn't even get past 1130 and re-tested the 1108 level today.

    Said differently, gold is extremely weak...
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