1100 is key support. 1180 is key resistance.
Everything else is noise.
Watch the price of silver for any confirmations.
That market is tight, and less politically motivated.
12 January 2010
Weekly Gold Chart
Category:
Gold Chart Weekly
"Peace cannot be understood as the forced silence of the people. Ideologies based on lies and violence collapse; they bear evil fruit and moral devastation. It is not enough for a Christian merely to condemn evil, lies, cowardice, enslavement, hatred, and violence. A Christian must be a true witness, spokesman, and defender of justice, goodness, truth, freedom, and love. He must courageously demand these values for himself and for others." Jerzy Populesko, Solidarność, May 27, 1984
1100 is key support. 1180 is key resistance.
Everything else is noise.
Watch the price of silver for any confirmations.
That market is tight, and less politically motivated.