#GOLD monthly at critical point to start a bullish trend
After a rebound near the support line formed from 2005, gold is trying to form a new bullish trend.
Adding a view beside my weekly view here
A break above 1320-1326 would be a signal for gold to move toward 1392.
A move below 1130 indicate gold still on a bearish trend.
Uncertainty in euro zone and interest rate hike would support gold.
2015 target is 1450.
Adding a view beside my weekly view here
A move below 1130 indicate gold still on a bearish trend.
Uncertainty in euro zone and interest rate hike would support gold.
2015 target is 1450.
