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Gold Bearish Wave Getting Tired

News Date: 22/9/2014 02:58:27
 

Where Gold fall might stop? A question all traders have in mind. Gold is giving strength to the US Dollar pushing the price to 1212 till now and 1180 support is not that far from where we are. December 2013  Gold dive slowly testing 1180 and a correction followed. Before June 2013 Gold tested 1180 to correct after.

1180 is a strong support, in case Gold bounce between 1200 and 1180, it might be the start of a new correction, as history repeating itself on Gold chart.

Provided by Fxhighway

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