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
"If at the start this cancerous growth in the nation was not particularly noticeable, it was only because there were still enough forces at work that operated for the good, so that it was kept under control. As it grew larger, however, and finally in an ultimate spurt of growth attained ruling power, the tumor broke open, as it were, and infected the whole body." The White Rose, Munich 1942
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.