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
"Let the children have their night of fun and laughter. Let the gifts of Father Christmas delight their play. Let us grown-ups share in their unstinted pleasures before we turn again to the stern task and the formidable years that lie before us, resolved that, by our sacrifice and daring, these same children shall not be robbed of their inheritance or denied their right to live in a free and decent world. And so, in God’s mercy, a happy Christmas to you all."
Winston Churchill, December 1941
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.